by Mike Duff | Nov 8, 2024 | Retail Articles
As the United States Federal Reserve dropped the prime interest rate by another quarter point, the National Retail Federation maintained economic progress, despite some mixed indicators, should continue to support holiday retail sales growth. On October 15, NRF...
by Mike Duff | Oct 22, 2024 | Featured News, Retail Articles
Consumer spending on gifts, food, decorations and other seasonal items during the 2024 holiday season is likely to set a record of $902 per person, according to the National Retail Federation’s latest consumer survey conducted by Prosper Insights & Analytics. The...
by Mike Duff | Oct 17, 2024 | Retail Articles
United States Census Bureau figures show retail sales increasing again in September as employment grew and inflation and interest rates fell. The Census Bureau overall retail sales in September were up 0.4% seasonally adjusted month over month and 1.7% unadjusted year...
by Mike Duff | Oct 15, 2024 | Featured News, Retail Articles
The National Retail Federation has forecast consumer spending in the main holiday shopping season November 1 through December 31 will grow between 2.5% and 3.5% compared to the 2023 period. The forecast calls for $979.5 billion to $989 billion in total holiday sales...
by Mike Duff | Oct 4, 2024 | Retail Articles
The International Longshoremen’s Union and the United States Maritime Alliance have reached a tentative agreement that has suspended the strike at East and Gulf Coast Ports and should ensure continued movement of cargo through the holidays and potentially...
