Tag: nrf
Import Cargo Levels to Drop Sharply Amid New Tariffs and Uncertainty
Due to new sweeping tariffs, US import cargo at major ports is expected to drop sharply starting next month, with imports predicted to fall by at least 20 percent in the second half of 2025.
NRF Forecasts 2025 Retail Sales Will Hit $5.42 Trillion
The National Retail Federation is forecasting that retail sales during 2025 will grow between 2.7% and 3.7% over 2024 to between $5.42 trillion and $5.48 trillion.
Census Retail Sales Data Shows Consumers Are ‘Apprehensive’ Despite ‘Healthy’ Economic Fundamentals
According to the NRF, retail sales in February showed modest growth, with a 0.2% month-over-month increase and a 3.1% year-over-year rise.
CNBC/NRF Retail Monitor Shows February Sales Were Down Amid Tariff Concerns
Retail spending declined on a monthly basis in February amid concern over tariffs, but continued to grow year over year as the economy remained strong.
NRF Chief Economist Says Data ‘Remains Strong’ But Public Policy Uncertainties ‘Blur the Economic...
Strong economic performance seen in 2024 is expected to carry over and influence growth this year, but there is a wide range of uncertainty as the White House and Congress make decisions that will impact the economy.
Census Data Shows Slower Retail Sales in January, but the Economy Is Still Expanding
The Census Bureau said overall retail sales in January were down 0.9% seasonally adjusted month over month but up 4.2% unadjusted year over year.
January Retail Monitor Shows Sales Dropped from Busy December, but Saw Strong Gains Year-Over-Year
Shoppers spent less in January than they did during the busy holiday month before but retail sales had strong year-over-year gains nonetheless.
Valentine’s Day Spending Projected to Reach Record $27.5B
The amount is up from last year’s $25.8 billion and slightly above the previous record of $27.4 billion set in 2020.
The LPRC Gives ‘Em Something to Talk About at 2025 Kick-Off Meeting
Over 150 retailers and solution providers gathered on the 101st floor atop the Hudson Yards building to collaborate, educate, and network.
NRF Says Holiday Season Was a Notable Success as ‘Consumers Came Out to Spend’
Data released by the US Census Bureau shows that core retail sales during the 2024 holiday season grew an unexpectedly high 4% over 2023 to a record $994.1 billion, coming in ahead of the National Retail Federation’s forecast.