by Annie Dameworth | Jul 8, 2025 | Industry News, Trends & Products
The impact of new tariffs and other governmental policies on the U.S. economy are still unpredictable halfway through 2025, according to National Retail Federation (NRF) chief economist Jack Kleinhenz. “This year began with high expectations for the strength of the...
by Jacob Musselman | Apr 2, 2025 | Industry News
The National Retail Federation (NRF) hosted its fifth annual State of Retail & The Consumer presentation, covering a variety of topics including how to serve customers, consumer trends and a 2025 retail sales forecast. The presentation also featured insights from...
by Jacob Musselman | Jan 8, 2025 | Industry News
In 2024, economic growth withstood inflation, high interest rates and other global challenges and should continue to show strength in 2025, says National Retail Federation chief economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the outlook...
by Jacob Musselman | Nov 19, 2024 | Industry News
A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation (NRF) Holiday survey. The figure is up from the previous record of 182 million in 2023 and 18.1...
by Jacob Musselman | Oct 15, 2024 | Industry News
The National Retail Federation (NRF) forecasts between 2.5% and 3.5% growth in holiday spending from 2023, equating to between $979.5 billion and $989 billion in total holiday spending in November and December of 2024. “The economy remains fundamentally healthy and...