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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...
Early Back-To-School Spending Drove July Retail Gains

Early Back-To-School Spending Drove July Retail Gains

by Mike Duff | Aug 9, 2024 | Retail Articles

Retail sales advanced during a July that saw lots of early back-to-school spending and major promotions from Amazon, Walmart, Target and other retailers. According to the CNBC/NRF Retail Monitor, shoppers purchasing for return to classes, to take advantage of...
NRF: Economy Approaching ‘Soft Landing,’ Not Recession

Conference Board Consumer Sentiment Index Goes Cautiously Positive in July

by Mike Duff | Jul 31, 2024 | Retail Articles

The Conference Board reported its Consumer Confidence Index rose in July to 100.3, just above the positive/negative borderline after registering a downwardly revised 97.8 in June.   The Present Situation Index, based on consumers’ assessment of current business...
NRF: Economy Slows but Still Showing Growth

NRF: Economy Slows but Still Showing Growth

by Mike Duff | May 7, 2024 | Featured News, Retail Articles

Economic growth in the United States slowed in the first quarter of 2024, but consumers are still spending more than they did last year, according to National Retail Federation Chief Economist Jack Kleinhenz. In NRF’s Monthly Economic Review, Kleinhenz noted gross...
Conference Board: November Consumer Confidence Ticked Up

Conference Board: November Consumer Confidence Ticked Up

by Mike Duff | Dec 4, 2023 | Retail Articles

The Conference Board Consumer Confidence Index gained in November to 102, up from a downwardly revised 99.1 in October, above the 100 breakeven between a negative or positive sentiment about the economy. The Present Situation Index, based on consumers’ assessment of...
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