by Mike Duff | Jun 9, 2022 | Retail Articles
According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...
by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles
According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
by Mike Duff | May 5, 2022 | Featured News, Retail Articles
National Retail Federation Chief Economist Jack Kleinhenz said in the organization’s Monthly Economic Review the economy’s fast-paced growth could slow somewhat as the United States Federal Reserve boosts interest rates incrementally during the coming months to slow...
by Mike Duff | Feb 8, 2022 | Retail Articles
The United States appears to be at the midpoint of an economic cycle that should continue to see growth even as the Federal Reserve raises interest rates to control inflation, according to National Retail Federation chief economist Jack Kleinhenz. Just as it released...
by Mike Duff | Feb 4, 2022 | Retail Articles
Economic activity in the services sector, including retail, grew in January for the 20th month in a row according to the Institute for Supply Management Services Purchasing Managers Index registering 59.9%, in positive territory but down a bit from December. The 2.4...
