by Mike Duff | Dec 2, 2022 | Featured News, Retail Articles
Despite strong consumer spending, gross domestic product is unlikely to grow as much in the final months of 2022 as it did in the third quarter, National Retail Federation Chief Economist Jack Kleinhenz stated as part of NRF’s Monthly Economic Review, but he also...
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...
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...
by Mike Duff | Aug 3, 2022 | Retail Articles
Despite two consecutive quarters of decline, the United States economy doesn’t appear to be in a recession and remains unlikely to enter one this year, NRF chief economist Jack Kleinhenz stated. He commented in the August issue of NRF’s Monthly Economic Review, which...
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...
