Tag: consumer shopping
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.
NRF Economist Says 2023’s Consumer Spending Growth is ‘Not Necessarily Sustainable’ in 2024
Consumers spent more than expected amid high inflation and interest rates during 2023, though spending is now expected to slow in 2024.
Halloween Spending to Reach Record $12.2B as Participation Exceeds Pre-Pandemic Levels
Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 billion, according to the NRF.