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NRF: Economic Prospects Unclear Despite Encouraging Indicators

NRF: Economic Prospects Unclear Despite Encouraging Indicators

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,...
Temu: Price Remains Key to Online Sales Success

Temu: Price Remains Key to Online Sales Success

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

NRF: Consumer Spending Slows As Fed Fights Inflation

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...
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