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ISM: Economic Outlook Positive but with Lesser Growth

ISM: Economic Outlook Positive but with Lesser Growth

by Mike Duff | May 17, 2024 | Retail Articles

The U.S. economy will continue to expand slowly for the rest of 2024, according to purchasing and supply executives in the Spring 2024 Semiannual Economic Forecast from the Institute of Supply Management.  In the manufacturing sector, the study suggests that revenue...
NRF: Economy Slows but Still Showing Growth

NRF: Economy Slows but Still Showing Growth

by Mike Duff | May 7, 2024 | Featured News, Retail Articles

Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
NRF: Consumer Spending May Cool in 2024 After Resilient 2023

NRF: Consumer Spending May Cool in 2024 After Resilient 2023

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...
Retail Among Service Sectors That Grew in November

Retail Among Service Sectors That Grew in November

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...
NRF: U.S. Economy Maintains Slow Growth Despite Turbulence

NRF: U.S. Economy Maintains Slow Growth Despite Turbulence

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...
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