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 …
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Retail Sales Continue to Grow in May
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 …
Read More »Import Cargo Projected to Rise During Tariff Pause
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 …
Read More »Father’s Day Spending to Reach New High
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 …
Read More »April Retail Sales Show Moderate Growth for Building Materials and Garden Suppliers
The U.S. Census Bureau’s Advance Monthly Sales for Retail and Food Services for April 2025 reported $41.3 million in retail sales for building material and garden suppliers, up 0.8% month over month and up 3.2% year over year. That compared with …
Read More »Tariff Concerns Lead to First YOY Drop in Cargo Levels Since 2023
According to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, the tariffs enacted by President Donald Trump will impact import cargo at major container ports in the U.S. The report found that imports …
Read More »Retail Sales Surge in April Amid Tariff Concerns
Retail sales grew in April as consumers prepared for the higher prices expected because of the tariffs, according to the National Retail Federation’s CNBC/NRF Retail Monitor. Sales for building and garden supply stores were up 2.77% month over month seasonally …
Read More »6 Products for Warm Spring Weather
With spring rolling in and weather fluctuating month by month, product demand also fluctuates with the temperature and seasons. According to research conducted by the National Retail Federation (NRF) and Planalytics, warm temperatures in March drove demand for home improvement …
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