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...
Multiple notable occasions are upcoming, and the retail industry is responding to them with an eye toward celebration. The National Retail Federation expects Father’s Day spending this year to total $20 billion, almost on par with last year’s record-setting figure of...
Many retailers overcame higher prices in April to show both monthly and year-over-year sales increases, the National Retail Federation announced. The United States Census Bureau has released overall retail sales for April, which were up 0.9% seasonally adjusted from...
Ports in the United States covered by Global Port Tracker handled a record 2.34 million Twenty-Foot Equivalent Units – one 20-foot container or its equivalent – in March, the latest month for which final numbers are available. The March figure was up 10.8% from...
National Retail Federation Chief Economist Jack Kleinhenz said in the organization’s Monthly Economic Review the economy’s fast-paced growth could slow somewhat as the United States Federal Reserve boosts interest rates incrementally during the coming months to slow...
