CNBC/NRF Retail Monitor shows retail sales grew in April

Retail sales grew modestly from the month before in April, but a shift in the timing of Easter appeared to be behind a slight year-over-year decline, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions,... more »

Monthly import cargo to reach 2M TEU through early fall

Monthly inbound cargo volume at the nation’s major container ports should consistently be above 2 million Twenty-Foot Equivalent Units (TEUs) through this summer and into early fall, according to the Global Port Tracker report released... more »

First quarter results show economy is slowing, consumers still spending

Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, National Retail Federation (NRF) Chief Economist Jack Kleinhenz reports. “The U.S. economy lost some spring... more »

Consumers to spend near-record $33.5B on Mother’s Day

Mother’s Day spending is expected to reach $33.5 billion this year, according to the annual consumer survey by the National Retail Federation (NRF) and Prosper Insights & Analytics. The figure is the second highest in... more »

Retail sales grow in March 2024

Data released by the U.S. Census Bureau today shows retail sales continued to increase in March as tax refunds and job growth put more money in shoppers’ pockets, said Jack Kleinhenz, chief economist of the... more »

NRF: Economy remains ‘sturdy’ despite forecast for slower growth

Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this year, said Jack Kleinhenz, chief economist for the National Retail Federation... more »

Retail sales to reach at least $5.23 trillion in 2024

The National Retail Federation (NRF) forecasts that 2024 retail sales will increase between 2.5% and 3.5% to between $5.23 trillion and $5.28 trillion. The announcement was made during NRF’s fourth annual State of Retail &... more »

2024 Easter spending expected to top $22B

Consumer spending is expected to reach a total of $22.4 billion this Easter, according to the National Retail Federation (NRF) and Prosper Insights & Analytics. The total figure is the second-highest in the survey’s history,... more »