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NRF: Retail Sales Keep Gaining Despite Headwinds

NRF: Retail Sales Keep Gaining Despite Headwinds

by Mike Duff | Sep 14, 2023 | Retail Articles

Despite a slowing economy, retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued and interest rates remained high, according to the National Retail Federation. In citing figures from the United States Census...
Conference Board: Consumer Confidence Declines in August

Conference Board: Consumer Confidence Declines in August

by Mike Duff | Sep 5, 2023 | Retail Articles

After making gains earlier in the summer, consumer confidence retreated in August, according to The Conference Board, as grocery and fuel prices worried consumers. In its monthly Consumer Confidence Index announcement, the organization noted that the August rating...
Conference Board: Consumer Confidence Declines in August

NRF: Consumer Spending Slows As Fed Fights Inflation

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...
Conference Board: Consumers Gained Confidence in September

Conference Board: Consumers Gained Confidence in September

by Mike Duff | Oct 3, 2022 | Retail Articles

The Conference Board Consumer Confidence Index gained in September for the second straight month. The Index now stands at 108, eight points into positive territory and up from 103.6 in August. The Present Situation Index, based on consumer assessment of current...
ISM: Manufacturing Sector Remains in Growth Territory

ISM: Manufacturing Sector Remains in Growth Territory

by Mike Duff | Sep 7, 2022 | Retail Articles

Economic activity in the manufacturing sector grew in August, with the overall economy in the United States achieving a 27th consecutive month of growth, according to the nation’s supply executives polled in the latest Manufacturing Institute for Supply...
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