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Tag Archives: jack kleinhenz

NRF Expects Holiday Sales Growth

Holiday Sales Growth

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 …

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NRF Predicts Holiday Sales Growth

Holiday Sales

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 …

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Census Retail Sales Data Shows Slight July Gains

November Retail Sales Up

Retail sales data released by the U.S. Census Bureau shows consumers continued to increase their spending in July while the growth of the economy is moderating, says Jack Kleinhenz, National Retail Federation chief economist. Retail trade sales were up 1.1% …

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NRF Recent Census Data Shows Gains in Retail Sales

Census Retail Sales Data

Data recently released by the U.S. Census Bureau shows modest retail sales gains in June despite an uneven pace of spending in recent months, says National Retail Federation chief economist Jack Kleinhenz. “The path of household spending remains difficult to …

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Census Data Shows Retail Sales Growth in October

Retail sales

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 …

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