by Mike Duff | Feb 6, 2023 | Retail Articles
In association with the February issue release of NRF’s Monthly Economic Review, National Retail Federation chief economist Jack Kleinhenz maintained that a recession is unlikely in the immediate future and the United States economy should see slight growth in 2023 as...
by Mike Duff | Jan 25, 2023 | Retail Articles
The National Retail Federation expects consumers to spend $25.9 billion on Valentine’s Day this year, up from $23.9 billion in 2022. In its annual survey released today by the National Retail Federation and Prosper Insights & Analytics, 52% of respondents said...
by Mike Duff | Jan 18, 2023 | Retail Articles
With consumers pressured by economic uncertainty, higher interest and inflation eroding their incomes, retail sales during 2022’s November-December holiday season grew 5.3% over the 2021 period to $936.3 billion but fell short of the National Retail Federation’s...
by Mike Duff | Jan 4, 2023 | Retail Articles
The economy is at a critical juncture with recession a possibility, if not a certainty, National Retail Federation chief economist Jack Kleinhenz stated in the NRF Monthly Economic Review. The United States Federal Reserve’s efforts to reduce inflation may not trigger...
by Mike Duff | Dec 19, 2022 | Retail Articles
A report released by the National Retail Federation and Appriss Retail indicates that consumers will return about $816 billion worth of retail merchandise purchased in 2022, but added that the average rate of return has remained just about flat at 16.5% versus 16.6%...
