by Jacob Musselman | Jan 12, 2026 | Industry News
Retail sales increased during the holiday season, rising 4.1% from November to December, according to the CNBC/NRF Retail Monitor. The growth is in line with the National Retail Federation’s (NRF) forecast for record spending. “December Retail Monitor data saw a sharp...
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...
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...
by Jacob Musselman | Sep 13, 2024 | Industry News
Retail sales increased again in August as consumer demand and easing inflation overcame slower job growth, according to the CNBC/NRF Retail Monitor, released by the National Retail Federation (NRF). “Retail sales data shows that consumers continued to spend on...
by Jacob Musselman | Jun 4, 2024 | Industry News
Consumers are still willing to buy even as smaller job and wage gains and high interest rates are slowing the growth of consumer spending, National Retail Federation (NFR) chief economist Jack Kleinhenz says. “U.S. economic growth for the remainder of this year will...