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Census Bureau August Retail Sales Report Fuels Positive Outlook

Census Bureau August Retail Sales Report Fuels Positive Outlook

by Mike Duff | Sep 17, 2024 | Featured News, Retail Articles

Despite some expectations among market observers of a greater slowdown as anti-inflation measures taken by the United States Federal Reserve have taken hold, data released today by the U.S. Census Bureau demonstrates retail sales continued to grow in August, fueled by...
NRF: Economy Approaching ‘Soft Landing,’ Not Recession

NRF: Economy Approaching ‘Soft Landing,’ Not Recession

by Mike Duff | Sep 6, 2024 | Featured News, Retail Articles

The economy is slowing but growing, inflation has moderated and the Federal Reserve has suggested it’s about to lower interest rates, which suggests that the United States has dodged a recession, according to National Retail Federation chief economist Jack Kleinhenz...
Census Bureau Records ‘Measured’ Retail Sales Growth in July

Census Bureau Records ‘Measured’ Retail Sales Growth in July

by Mike Duff | Aug 15, 2024 | Retail Articles

Retail sales data released today by the United States Census Bureau indicated retail sales in July gained 1% seasonally adjusted month over month from June and 2.7% unadjusted year over year. In June, retail sales declined 0.2% month over month from May and but rose...
NRF: Retail Could Benefit if Slowing Economy Leads to Rate Cut

NRF: Retail Could Benefit if Slowing Economy Leads to Rate Cut

by Mike Duff | Aug 5, 2024 | Retail Articles

Even as key elements continue gaining in the United States, the economy appears to have slowed enough for the U.S. Federal Reserve to lower interest rates later this year. According to National Retail Federation chief economist Jack Kleinhenz, in the August NRF...
Census Bureau: June Retail Sales Flat vs. May but Core Improves

Census Bureau: June Retail Sales Flat vs. May but Core Improves

by Mike Duff | Jul 16, 2024 | Retail Articles

Data released by the United States Census Bureau revealed modest retail sales gains in June as consumer households remained pressured by economic uncertainty, National Retail Federation Chief Economist Jack Kleinhenz said. The Census Bureau reported overall retail...
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