Days after sweeping tariffs were announced, President Donald Trump has paused tariffs for most nations for 90 days and increased tariffs on Chinese imports to 125%. As a result of these tariffs, Hackett Associates founder Ben Hackett says imports during …
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An annual survey released by the National Retail Federation (NRF) and Prosper Insights & Analytics reveals consumers plan to spend $23.6 billion on Easter this year, surpassing the $22.4 billion spent in 2024. Around 79% of U.S. consumers plan to celebrate …
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The National Retail Federation (NRF) hosted its fifth annual State of Retail & The Consumer presentation, covering a variety of topics, including how to serve customers, consumer trends and a 2025 retail sales forecast. The presentation also featured insights from …
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The U.S. Census Bureau reported modest month-over-month retail sales growth in February amid customer worries about inflation and national policy decisions from the White House, according to the National Retail Federation (NRF). “Lower-than-expected consumer spending in the first couple of …
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As the U.S. continues to grapple with tariffs, imports at the nation’s major ports are expected to remain elevated through this spring but volume could see year-over-year drops this summer, according to the Global Port Tracker report released by the …
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Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …
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This year’s positive economic performance is expected to continue, according to the National Retail Federation (NRF), but uncertainty still stands as the White House and Congress make pivotal economic decisions. “While the U.S. economy has entered 2025 with a fair …
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Recent data released by the U.S. Census Bureau reveals a slow down of retail sales in January following a strong holiday season, according to Jack Kleinhenz, National Retail Federation (NRF) Chief Economist. Despite the slow month at the beginning of …
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