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Tag Archives: economy

Retail Employment Down 6,700 in February

Total nonfarm payroll employment rose by 175,000 in February, with the unemployment rate at 6.7 percent and the labor force participation rate at 63.0 percent, the U.S. Bureau of Labor Statistics recently reported. The National Retail Federation calculated retail employment …

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January Retail Sales Flat Due to Severe Winter Weather

January retail sales, excluding automobiles, gas stations and restaurants, were flat seasonally adjusted month-to-month due in part to severe winter weather in much of the country, according to the National Retail Federation. “Following a solid holiday sales season, it seems …

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Industry Stock Index Inches Higher

Post-Thanksgiving doldrums had Wall Street worried for the good first half of December. As the trading session ended Dec. 31, 2013, markets turned positive as uncertainty was tempered with action from the Federal Reserve. The Hardware Retailing Stock Index gained …

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NRF Forecasts Increase in Retail Sales for 2014

The National Retail Federation released its 2014 economic forecast, projecting retail industry sales—which include auto parts and accessories stores, non-store categories, discounters, department stores, grocery stores and specialty stores, and exclude automotive dealers, gas stations and restaurants—will increase 4.1 percent, …

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Holiday Retail Sales Come in at Expectations

The National Retail Federation reported that December retail sales, which exclude automobiles, gas stations and restaurants, increased 0.4 percent seasonally adjusted month-to-month, and 4.6 percent unadjusted year-over-year. Total holiday retail sales, which include November and December sales, increased 3.8 percent …

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Retail Hiring Lifts Employment in December

The National Retail Federation issued the following statements from NRF President and CEO Matthew Shay and Chief Economist Jack Kleinhenz on the December jobs report: “The nation’s retailers continued to add to their payrolls in December even in the midst …

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Remodeling Activity Expected to Grow in 2014

Remodelers are expecting to have a solid 2014, according to Qualified Remodeler magazine’s annual online market forecast survey. Of those who responded to the survey, 78 percent reported having either an excellent or good outlook on the year ahead, an …

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