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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NRF Forecasts 6 to 8% Retail Sales Growth in 2022
The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …
Read More »Home Improvement Sales Fell Slightly in July
U.S. home improvement sales fell slightly from June levels, new data from the U.S. Census Bureau shows. In total, NAICS 444 sales (not seasonally adjusted) hit $40.3 billion in July, down from $43.1 billion in June sales. In June, data …
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