Tag: nrf

Import cargo volume at the nation’s major container ports is expected to hit the 2 million TEU unit mark for the second month in a row in September and remain there during October.

The economy is still growing, but not as fast as it was earlier this year, according to NRF Chief Economist Jack Kleinhenz.

NRF announced its acquisition of the Reverse Logistics Association (RLA), a global trade association for the returns and reverse industry.

Spending is slowing as the economy settles down amid higher interest rates intended to reduce inflation, according to the NRF.

Import cargo volume at the nation’s major container ports is expected to hit its highest level in nearly a year this month according to NRF and Hackett Associates.

Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021. Back-to-college spending is expected to hit $94 billion, about $20 billion more than last year’s record.

The US economy did better in the first half of 2023 than indicators suggested and is improving according to NRF economists. Read more here!

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

Import cargo volume is expected to be 22% lower during the first half of 2023 than the same time last year. Read more on the topic here.