Retail sales were solid in October based on consumer spending driven in part by year-to-date job and wage growth, according to the CNBC/NRF Retail Monitor report from the National Retail Federation. Total retail sales, excluding automobiles and gasoline, gained 0.74%...
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...
CNBC/NRF Retail Monitor reported retail sales in the United States dropped slightly month-over-month in September but moved ahead of the total for the same period in 2023. Total retail sales, excluding automobiles and gasoline, slipped 0.32% seasonally adjusted month...
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...
Retail sales increased slightly again during August as consumer demand and easing inflation countered slower job growth, according to the CNBC/NRF Retail Monitor. Total retail sales, automobiles and gasoline revenues excluded, were up 0.45% seasonally adjusted month...
