Tag: inflation
Census Data Shows Retail Sales Grew in September
Data released by the US Census Bureau shows retail sales increased again in September as employment grew and inflation and interest rates fell.
CNBC/NRF Retail Monitor Shows Retail Sales Grew Again in August as Inflation Eased
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the NRF.
2024 Easter Spending Expected to Top $22 Billion
Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the annual survey released by the NRF and Prosper Insights & Analytics.
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.
NRF Economist Says Inflation and Interest Rates Remain Key
Inflation and the Federal Reserve’s efforts to bring inflation under control will continue to play a major role in the economy this year.
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.
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.
Credit Card Competition Act Causing Confliction
Read more here about the Credit Card Competition Act, and how it can effect both merchants and credit card companies for good and bad.
Retail Sales Grew Again in August Despite Slowing Economy
Retail sales rose in August as school shopping began, even as inflation continued and interest rates remained high, the NRF said.
NRF Economist Says Conditions Look Like Soft Landing, Not Recession
Economic indicators are giving conflicting signs but the nation does not appear to be in a recession and should be headed toward a soft landing from the rampant inflation and high interest rates of the past two years