by Mike Duff | Feb 6, 2023 | Retail Articles
In the latest Institute for Supply Management Report On Business, economic activity in the services sector expanded in January after contracting in December following 30 consecutive months of growth. Based on research conducted with purchasing and supply executives,...
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 30, 2023 | Retail Articles
Consumers remain wary about prospects for the economy, planning to cut back on eating out and travel, according to market researcher Numerator, but they are less concerned about the COVID-19 pandemic than they have been. As part of its monthly Consumer Sentiment...
by Mike Duff | Jan 19, 2023 | Retail Articles
According to a recent KPMG survey of 100 retail executives, 2023 looms as a more challenging year than 2022, with 73% of retail executives saying that the United States is already in a recession or will enter one in the next six months. The figure is up by 32...
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...
