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NRF: Recession Possible but Consumer Spending Still Bolstering Economy

NRF: Recession Possible but Consumer Spending Still Bolstering Economy

by Mike Duff | Oct 4, 2022 | Featured News, Retail Articles

Consumers may worry about high inflation and interest rate hikes initiated by the United States Federal Reserve intended to bring inflation under control, but that hasn’t stopped them from spending, according to National Retail Federation Chief Economist Jack...
NRF: Recession Possible but Consumer Spending Still Bolstering Economy

NRF: Conflicting Data Complicates Recession Determination

by Mike Duff | Sep 6, 2022 | Featured News, Retail Articles

Economic growth in the United States has slowed, but it still isn’t clear if the nation is in a recession, National Retail Federation chief economist Jack Kleinhenz asserted in a monthly NRF review. The emergence of conflicting data on whether the U.S. economy grew or...
NRF: Evidence Suggests Continuing U.S. Economic Growth

NRF: Evidence Suggests Continuing U.S. Economic Growth

by Mike Duff | Jun 7, 2022 | Featured News, Retail Articles

According to National Retail Federation chief economist Jack Kleinhenz, the United States Federal Reserve faces “a tricky job” in addressing inflation, but ongoing growth in employment, wages and consumer spending make it unlikely the effort will generate a major...
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...
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