National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review that typical indicators are providing conflicting signs, but he added the nation does not appear to be in a recession and should be headed toward a soft landing...
Consumers will spend a record-high $22.9 billion to celebrate Father’s Day this year, according to an annual survey from the National Retail Federation and Prosper Insights & Analytics. Total expected spending for the holiday will top last year’s $20 billion, as...
With the subject getting more attention, 55% of consumers believe retail crimes such as shoplifting and looting stores have increased in their community since the onset of the COVID-19 pandemic, according to a National Retail Federation survey. NRF asked consumers a...
Retail sales regained momentum in April with both month-over-month and year-over-year growth, according to the National Retail Federation. The United States Census Bureau today said overall April retail sales were up 0.4% from March and 1.6% year over year. In March,...
Growth in United States Gross Domestic Product slowed but remained positive in the first quarter, as it and other economic indicators demonstrated the difficulty of bringing inflation under control, said National Retail Federation chief economist Jack Kleinhenz in the...
