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NRF: Consumers Will Keep Shopping Despite Economic Headwinds

NRF: Consumers Will Keep Shopping Despite Economic Headwinds

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...
NRF: Positive Outlook for Economy, Ocean Shipping Reform

NRF: Positive Outlook for Economy, Ocean Shipping Reform

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...
ISM: Economic Activity In Services Slips but Still Signals Growth

ISM: Economic Activity In Services Slips but Still Signals Growth

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...
Consumer Confidence Slipped in January but Remains Favorable

Consumer Confidence Slipped in January but Remains Favorable

by Mike Duff | Jan 28, 2022 | Retail Articles

January experienced a decrease in consumer confidence from December, according to The Conference Board. Its Consumer Confidence Index slipped to 113.8 down from 115.2 in December. An index rating of 100 suggests positive consumer confidence. The Present Situation...
Housewares Companies Look To Fortify in 2022 Despite Continued Headwinds

Housewares Companies Look To Fortify in 2022 Despite Continued Headwinds

by Chandler Harvey | Jan 14, 2022 | Home + Housewares

The numerous headwinds facing the housewares industry will remain in 2022, and uncertainty remains. But after the pandemic’s second year, many housewares executives have found a way to manage those headwinds while also putting plans in motion to not only maintain...
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