by Mike Duff | Feb 1, 2024 | Retail Articles
The labor market and what the Federal Reserve does with interest rates could have a major effect on the 2024 economic prospects for the United States, according to National Retail Federation chief economist Jack Kleinhenz. As part of NRF’s Monthly Economic Review,...
by Mike Duff | Jan 25, 2024 | Retail Articles
Temu has announced the results of a survey regarding U.S. consumer online shopping preferences and when it comes to purchasing determinations, price is primary. Consumers remain wary about spending despite recent positive economic indicators, including a solid...
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 | 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 | Aug 11, 2023 | Retail Articles
Consumer spending growth is slowing as the economy settles down amid higher interest rates intended to reduce inflation, National Retail Federation chief economist Jack Kleinhenz noted in the August NRF Monthly Economic Review. He pointed out that gross domestic...