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Tag Archives: retail sales

August Sales Rise as Inflation Eases, NRF Says

Inflation Eases

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 household priorities …

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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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January Retail Sales Soar Despite Omicron, Inflation

January retail sales

Even in light of the COVID-19 omicron variant, inflation and continuing supply chain and labor issues, retail sales jumped in January, according to numbers from the U.S. Census Bureau. Overall retail sales in January were up 3.8 percent seasonally adjusted …

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U.S. Inflation Climbs at Highest Rate Since 1982

Federal Reserve Cuts Interest Rates

The U.S. Bureau of Labor Statistics reported that the Consumer Price Index for All Urban Consumers, which measures U.S. inflation, increased 0.6 percent in January. The all items index increased 7.5 percent before seasonal adjustment, the largest 12-month increase since …

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NRF Expects Record-Breaking Back-to-School Spending in 2021

back-to-school spending NRF

According to a National Retail Federation (NRF) back-to-school spending survey conducted by Prosper Insights & Analytics, consumers plan to spend record amounts for school and college supplies as families and students look to return to in-person classrooms this fall. “The …

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Child Tax Credits Could Stimulate Retailers

child tax credit

Starting July 15, U.S. households with children will begin receiving monthly payments for each child in the household. Part of the American Rescue Plan, the child tax credits will put money into the hands of low and middle-income families to …

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