The economy is slowing but growing, inflation has moderated and the Federal Reserve has suggested it’s about to lower interest rates, which suggests that the United States has dodged a recession, according to National Retail Federation chief economist Jack Kleinhenz...
Retailers are importing an increasing volume of merchandise amid the threat of a labor strike at East Coast and Gulf Coast ports and as freight rates increase largely because of international tensions, according to the Global Port Tracker report issued by the National...
Retail sales data released today by the United States Census Bureau indicated retail sales in July gained 1% seasonally adjusted month over month from June and 2.7% unadjusted year over year. In June, retail sales declined 0.2% month over month from May and but rose...
Even as key elements continue gaining in the United States, the economy appears to have slowed enough for the U.S. Federal Reserve to lower interest rates later this year. According to National Retail Federation chief economist Jack Kleinhenz, in the August NRF...
Data released by the United States Census Bureau revealed modest retail sales gains in June as consumer households remained pressured by economic uncertainty, National Retail Federation Chief Economist Jack Kleinhenz said. The Census Bureau reported overall retail...
