Holiday Retail Sales Surpass NRF Forecasts

Holiday Retail Sales Surpass NRF Forecasts

Retail sales during the 2024 holiday season grew 4% from 2023 to $994.1 billion, an unexpectedly high increase, says the National Retail Foundation (NRF).  This number surpassed NRF’s forecast for 2024, which was that 2024 holiday sales would increase between 2.5% and...
Import Cargo Surge Continues Into January

Import Cargo Surge Continues Into January

A tentative labor agreement has recently halted a potential strike at East Coast and Gulf Coast ports, but major container ports in the U.S. have already seen a surge in imports. According to the Global Port Tracker report from the National Retial Federation (NRF) and...
Construction Job Market Remains Stable

Construction Job Market Remains Stable

According to the National Association of Home Builders (NAHB), residential construction employment is now at 3.4 million, with 961,000 builders and 2.4 million residential speciality trade contractors.  In December 2024, construction workers saw a 5.5% unemployment...