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...
by Mike Duff | Mar 15, 2022 | Featured News, Retail Articles
In its annual forecast on prospects through year’s end, the National Retail Federation stated that it expects retail sales to grow between 6% and 8% to more than $4.86 trillion in 2022. NRF made the announcement during its annual State of Retail & the Consumer...