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...
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...
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...
by Mike Duff | Apr 17, 2024 | Featured News, Retail Articles
March retail sales, as reported by the United States Census Bureau, increased as tax refunds and job growth put more money in shoppers’ pockets, National Retail Federation chief economist Jack Kleinhenz concluded. “March’s Census Bureau numbers confirm that consumer...
by Mike Duff | Apr 15, 2024 | Retail Articles
Retail sales grew at a steady pace in March, according to the CNBC/NRF Retail Monitor and released by the National Retail Federation, with core retail sales up 0.23% month over month and 2.92% year over year in the month. The figures compared with gains of 0.27% month...
