NRF: U.S. Economic Growth Slower, Not Stalled

NRF: U.S. Economic Growth Slower, Not Stalled

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...
NRF: June Retail Sales Kept Growing

NRF: June Retail Sales Kept Growing

Retail sales rose in June even as employment grew more slowly, according to the National Retail Federation. Based on United States Census Bureau figures, NRF stated that overall retail sales in June gained 0.2% from May and 1.5% year over year. May sales advanced 0.5%...
The Redeeming Quality of Holiday Gift Cards

The Redeeming Quality of Holiday Gift Cards

Holiday retail sales are off to a strong, early start this year. The early surge would seem to validate forecasts that a consumer base generally flush with savings and higher asset wealth would heed warnings of looming inventory shortages to stock up on holiday gifts...