Although it wasn’t the best month for retail, economic activity in the services sector grew in July for the 26th month in a row, with the Institute for Supply Management Purchasing Managers Index registering 56.7%. Indeed, the July number pushed away from the 50% line...
As inflation and economic uncertainty loom, The Conference Board Consumer Confidence Index decreased in July, but less so than in June when it slipped a bit less than five points. The Index stands at 95.7 for July, below the 100 dividing line between pessimism and...
A select group of brick-and-mortar store managers maintained in a survey that sales momentum from the first half of 2022 should help buoy revenues through the end of the year. The Levin Management Corp. Mid-Year Retail Sentiment Survey explored the first half of 2022...
According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
Dave Clark, Amazon CEO of Worldwide Consumer and a critical player in the company’s operational expansion during the COVID-19 pandemic, is leaving the company to pursue other interests, the company reported. The move comes as Amazon is addressing overcapacity...
