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New Tariffs and Policies Cause Continued Economic Uncertainty

New Tariffs and Policies Cause Continued Economic Uncertainty

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...
Consumers Continue to Spend on Retail as Tariff Impact Looms

Consumers Continue to Spend on Retail as Tariff Impact Looms

by Annie Dameworth | Jun 23, 2025 | Industry News, Trends & Products

Data released today by the U.S. Census Bureau showed retail sales growth in May despite a downturn in overall sales amid fluctuating tariffs on imported merchandise, according to the National Retail Federation (NRF). May retail sales in the building and garden...
Retail Sales Continue to Grow in May

Retail Sales Continue to Grow in May

by Annie Dameworth | Jun 13, 2025 | Industry News, Trends & Products

Retail sales in May continued to grow despite a slowdown on stocking up ahead of tariffs, according to the CNBC/National Retail Federation’s (NRF) Retail Monitor. “The data for May indicates that the pull-forward in consumer demand ahead of tariffs is likely...
Import Cargo Projected to Rise During Tariff Pause

Import Cargo Projected to Rise During Tariff Pause

by Annie Dameworth | Jun 9, 2025 | Industry News, Trends & Products

Import cargo at major U.S. container ports is expected to see a surge throughout the summer as retailers take advantage of a 90-day reduction in tariffs that were recently imposed on China, according to the National Retail Federation and Hackett Associates Global Port...
Father’s Day Spending to Reach New High

Father’s Day Spending to Reach New High

by Jacob Musselman | May 29, 2025 | Industry News

Father’s Day is around the corner, and spending is expected to reach a record $24 billion this year, according to the annual Father’s Day survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics. The new high exceeds...
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