The National Retail Federation expects retail sales growth between 4% and 6% in 2023 with revenues reaching between $5.13 trillion and $5.23 trillion, the organization stated in its annual industry forecast. The 2023 figure compares with 7% growth to $4.9 trillion in...
Overall retail sales slipped slightly in February, but core spending excluding automobile dealers, gas stations and restaurants rose, according to the National Retail Federation. In its monthly retail report, the United States Census Bureau said overall February sales...
According to the Global Port Tracker report released by the National Retail Federation and Hackett Associates, February import cargo volume at the major container ports in the United States should drop to almost the lowest level seen since the beginning of the...
The National Retail Federation reported retail sales bounced back strongly in January as inflation eased and incomes grew. As gift card season proceeded, the United States Census Bureau stated that overall retail sales in January gained 3% from December and 6.4% year...
In association with the February issue release of NRF’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz maintained that a recession is unlikely in the immediate future and the United States economy should see slight growth in 2023 as...