Retail Sales Continue to Grow in May

Retail Sales Continue to Grow in May

Retail sales grew for the eighth consecutive month in May despite high gas prices and ongoing inflation, according to the CNBC/NRF Retail Monitor released by the National Retail Federation.  “Retail sales maintained momentum in May, driven by a resilient labor market...
March Retail Sales Boosted by Tax Refunds

March Retail Sales Boosted by Tax Refunds

Retail sales rose in March as consumers received higher-than-usual tax refunds, making up for increased gasoline prices, according to the National Retail Federation’s (NRF) CNBC/NRF Retail Monitor. “Retail sales grew for a sixth consecutive month in March as the first...
Retail Sales Show Continued Growth in January

Retail Sales Show Continued Growth in January

Retail sales saw a moderate monthly increase and strong year-over-year gains in January, according to the CNBC/NRF Retail Monitor. “Consumers demonstrated continued resilience in January, showing moderate spending growth on the heels of record-high spending during the...