by Mike Duff | Sep 20, 2023 | Retail Articles
Total Halloween spending should reach a record $12.2 billion in 2023, exceeding last year’s record of $10.6 billion, according to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics. A record number of people surveyed, 73%, will...
by Mike Duff | Sep 11, 2023 | Retail Articles
In the National Retail Federation’s Monthly Economic Review, NRF chief economist Jack Kleinhenz stated that the economy is still growing but not as fast as it was earlier this year with some consumers demonstrating a continuing preference but not as strongly as they...
by Mike Duff | Sep 8, 2023 | Retail Articles
September import cargo volume at major container ports looks to hit the two million Twenty-Foot Equivalent Unit mark for the second month in a row and remain there in October, according to the Global Port Tracker report released by the National Retail Federation and...
by Mike Duff | Aug 15, 2023 | Retail Articles
Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted more shopping while wage increases gave consumers more money to spend, according to the National Retail Federation. The United States Census Bureau has...
by Mike Duff | Aug 11, 2023 | Retail Articles
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...