by Jacob Musselman | Nov 15, 2023 | Industry News, Trends & Products
Retail sales kept up a long streak of year-over-year gains in October even though the growth rate continued to slow, says Jack Kleinhenz, National Retail Federation (NRF) chief economist, in response to the U.S. Census Bureau’s release of monthly data today....
by Jacob Musselman | Nov 8, 2023 | Industry News
Jack Kleinhenz, National Retail Federation (NRF) chief economist, says this year could be another record year for holiday sales. “The last few holiday shopping seasons have been filled with unmatched peculiarities for consumers and retailers alike,” Kleinhenz says. ...
by Lindsey Thompson | Nov 8, 2022 | Industry News, Operational Insights
In light of inflation woes and continued supply chain issues, the National Retail Federation predicts holiday retail sales during November and December will grow 6% to 8% from 2021. That amount of growth would put sales between $942.6 billion and $960.4 billion for...
by Lindsey Thompson | Oct 5, 2022 | Industry News
In the latest Monthly Economic Review from the National Retail Federation (NRF), chief economist Jack Kleinhenz says that consumers are worried about high inflation and increased interest rates but are still spending. Overall retail sales reported by the Census Bureau...
by Olivia Shroyer | Jul 12, 2021 | Industry News
As retailers head into the second half of 2021, National Retail Federation (NRF) chief economist Jack Kleinhenz says the great uncertainty clouding the nation’s economic outlook earlier in the year has transformed into evidence of a recovery from the COVID-19...
