inflation

NRF: Inflation and interest rates remain key

Inflation and the Federal Reserve’s efforts to bring it under control will continue to play a major role in the economy this year, said Jack Kleinhenz, chief economist at the National Retail Federation (NRF). “With... more »

NRF: US economy grows despite labor disputes, inflation

The U.S. economy is continuing to grow even as labor disputes across the country and uncertainty created by Congress add to the ongoing challenges of inflation and high interest rates, said Jack Kleinhenz, chief economist... more »

NRF: Retail sales pick up in January 2023

Retail sales bounced back strongly in January as inflation eased and income grew, according to the National Retail Federation (NRF). “Despite inflationary headwinds, January retail sales show the resiliency of consumers in how they manage... more »

NRF: 2022 holiday sales grew 5.3% to $936.3B

Retail sales during 2022’s November-December holiday season grew 5.3% over 2021 to $936.3 billion, falling short of the National Retail Federation’s (NRF) forecast amid continuing inflation and high interest rates, NRF reported. While holiday growth... more »

Year-over-year retail sales growth continues, NRF reports

Retail sales remained strong on a monthly basis and saw another year-over-year gain in September despite an interest rate hike from the Federal Reserve and continuing inflation, according to the National Retail Federation (NRF). “September... more »

6 things to know about the holiday shopping season

The 2022 holiday shopping season is underway for many retailers as the preparation for this year's fourth quarter has included many unknowns and less predictability than past years. Inflation, gas prices and shipping disruptions have... more »