by Mike Duff | Mar 21, 2024 | Retail Articles
The National Retail Federation has forecast that retail sales will advance between 2.5% and 3.5% in 2024 to between $5.23 trillion and $5.28 trillion. In 2023, retail sales grew 3.6% to $5.1 trillion, NRF noted, consistent with the 3.6% average annual growth in sales...
by Mike Duff | Mar 12, 2024 | Retail Articles
Retail sales continued to grow in February, building off solid gains from January and driven by improved consumer finances, according to the CNBC/NRF Retail Monitor. The Retail Monitor calculation of core retail sales — excluding restaurants, auto dealerships and gas...
by Mike Duff | Mar 11, 2024 | Retail Articles
Inbound cargo volume at major container ports in the United States remains on track to show year-over-year increases through the first half of 2024, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates. As the...
by Mike Duff | Mar 4, 2024 | Featured News, Retail Articles
National Retail Federation chief economist Jack Kleinhenz said the pace of inflation and how the United States Federal Reserve responds to it will play a major role in the economy this year as markets watch for when the United States Federal Reserve might make...
by Mike Duff | Feb 16, 2024 | Retail Articles
Retail data released by the United States Census Bureau is in line with the assessment recently released by CNBC and the National Retail Federation indicating that while sector sales cooled in January versus December, households outspent year-earlier totals. The...