Tag: nrf
NRF Says Economy Remains Sturdy Despite Forecast for Slower Growth
Adjusted for inflation, GDP is expected to grow about 2.3 percent year over year—slower than last year’s 2.5 percent but still strong enough to sustain job growth that drives consumer spending. Consumer spending is expected to be up about 2 percent, which compares with 2.3 percent last year.
Retail Industry Continues to be the Largest Private Sector Employer
The retail industry supported 55 million full-time and part-time jobs in 2022, accounting for 26 percent of total US employment, according to a new report released by the National Retail Federation.
Census Data Shows Retail Sales Bounced Back in February
The Census Bureau said overall retail sales in February were up 0.6% seasonally adjusted from January and up 1.5% unadjusted year over year.
February CNBC/NRF Retail Monitor Numbers Show Consumers Continued Spending
Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor.
Import Cargo Returning to Normal After Red Sea Disruptions
Inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024.
LPM Regional Town Hall and IAI Northeast Chapter Meeting in NYC March 12
We have combined the LPM Regional Town Hall with the International Association of Interviewers (IAI) Northeast Chapter Meeting to bring a full slate of excellent speakers to the Axis Experience Center in New York City on March 12.
Import Cargo Continuing to Rise Despite Red Sea Disruptions
Inbound cargo volume at the nation’s major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea.
Addressing the Elephant in the Room on Organized Retail Crime
Over the last few months, the NRF became the focus of various flawed narratives alleging the retail industry distorts retail theft data to drive public policy goals. In this article, David Johnston sets the record straight.
With No Sign of Recession, NRF Economist Says Labor Market and Interest Rates Will...
After a better-than-expected performance in 2023, what happens with the economy in 2024 could depend largely on the labor market and what the Federal Reserve does with interest rates.
January CNBC/NRF Retail Monitor Numbers Show a ‘Great Start to the New Year’
Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year.