by Mike Duff | Jan 12, 2024 | Featured News, Retail Articles
Consumer spending might not sustain the economic growth seen recently in the United States, according to an analysis by the National Retail Federation. NRF Chief Economist Jack Kleinhenz, commenting as part of the organization’s Monthly Economic Review, said...
by Mike Duff | Dec 15, 2023 | Retail Articles
The Institute for Supply Management reported economic activity in the services sector, including retail, expanded in November for the 11th consecutive month. The services Purchasing Managers’ Index registered 52.7% in November. Based on a poll of purchasing and...
by Mike Duff | Oct 6, 2023 | Retail Articles
The economy in the United States has continued growing despite labor disputes across the country, uncertainty about funding government operations created by Congress and the ongoing challenges of inflation and high interest rates, National Retail Federation Chief...
by Mike Duff | Sep 13, 2023 | Retail Articles
In its annual forecast for the celebratory selling season, Deloitte estimates that 2023 holiday retail sales will increase between 3.5% and 4.6% during 2023. Overall, Deloitte’s retail and consumer products practice projects sales will hit $1.54 to $1.56...
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...
