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Census Bureau: April Core Retail Sales Slip from March But Gain Year Over Year

Census Bureau: April Core Retail Sales Slip from March But Gain Year Over Year

by Mike Duff | May 16, 2024 | Retail Articles

The United States Census Bureau released figures indicating that retail sales moderated in April, the National Retail Federation reported. April’s core retail sales, as defined by NRF – based on the Census data but excluding automobile dealers, gasoline stations and...
Retail Monitor: Easter Shift Pressures April Sales Comps

Retail Monitor: Easter Shift Pressures April Sales Comps

by Mike Duff | May 9, 2024 | Retail Articles

April retail sales in the United States grew modestly from the month before, but a shift in the timing of Easter seems a prime factor in a slight year-over-year decline, according to the CNBC/NRF Retail Monitor. Total retail sales in April, excluding those for...
Port Tracker: March Cargo Volume Up from 2023 with Increases To Follow

Port Tracker: March Cargo Volume Up from 2023 with Increases To Follow

by Mike Duff | May 8, 2024 | Retail Articles

U.S. ports covered by Port Tracker handled 1.93 million TEU – one 20-foot container or its equivalent – in March, the latest month for which final numbers are available. That figure was down 1.4% from February but up 18.7% from March 2023, when Asian exports were slow...
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...
Mother’s Day Spending Expected To Approach Record Levels

Mother’s Day Spending Expected To Approach Record Levels

by Mike Duff | Apr 26, 2024 | Retail Articles

A study released by the National Retail Federation and Prosper Insights & Analytics indicates Mother’s Day spending could reach $33.5 billion this year. It would be the second-highest spending total for Mother’s Day in the study’s history, following last...
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