NRF: Inflation Worries Weigh on May Sales

NRF: Inflation Worries Weigh on May Sales

According to the National Retail Federation, May sales results wavered when compared to April as consumers faced continuing inflation including higher prices for essentials such as food and gasoline. The United States Census Bureau has announced that retail sales in...
ISM: Service Sector Still Grinding Out Growth

ISM: Service Sector Still Grinding Out Growth

According to the Institute for Supply Management, economic activity in the services sector grew in May for the 24th month in a row with the Services Purchasing Managers’ Index registered 55.9%, above the 50% gain/decline line. Retail, however, didn’t fare...

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