by Jacob Musselman | May 9, 2024 | Industry News
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, says Jack Kleinhenz, National Retail Federation (NRF) chief economist. “The U.S. economy lost some spring in its step during the first quarter as...
by Jacob Musselman | Feb 28, 2024 | Industry News
The National Retail Federation (NRF) says data released by the U.S. Census Bureau retail sales data shows that retail sales cooled in January but households continued to spend. “Retail sales softened in January compared with the holiday season, but consumers were...