by Mike Duff | Aug 7, 2024 | Retail Articles
Although the retail industry slipped a bit in July, economic activity in the services sector expanded, according to the latest Institute for Supply Management Report On Business. The Purchasing Managers Index is at 51.4%, which represents sector expansion for the 47th...
by Mike Duff | Aug 5, 2024 | Retail Articles
Even as key elements continue gaining in the United States, the economy appears to have slowed enough for the U.S. Federal Reserve to lower interest rates later this year. According to National Retail Federation chief economist Jack Kleinhenz, in the August NRF...
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...
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...
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...
