sales economy

NRF notes imports slowing, but expects gains over 2021

After a record-setting spring, imports at the nation’s major container ports are expected to slow significantly for the remainder of the year but 2022 should still see a net gain over 2021, according to the... more »

NRF says economy is not in recession and unlikely to enter one this year

Despite two consecutive quarters of decline, the U.S. economy still does not appear to be in a recession and remains unlikely to enter one this year, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said.... more »

Small Business Administration Offers Loans To Rebuild Local Economy

As search and rescue teams scour the disaster zones for the human casualties of the storm, the Federal Emergency Management Agency is putting plans into place to revitalize the private business sector suffering from the... more »

Retail Report Could Be Best In Over A Decade

WASHINGTON — February may be the second-least important month of the year for retailers, but indications are that the monthly sales report for that period could be a blowout.Economists polled by MarketWatch expect a 1.4%... more »

Retail Juggernaut Buckland Pioneer Sees Region Pushing Sales Well Beyond Its $1 Billion A Year

Decades after his vision turned a tobacco field and other Buckland Hills land into Connecticut's biggest retail engine with more than $1 billion in annual sales, developer John Finguerra says the area, especially nearby Evergreen... more »

Fed Survey: Economy Expands Throughout US

WASHINGTON — The U.S. economy expanded in January and early February in all parts of the country, but businesses reported they are under pressure to raise their prices.A Federal Reserve survey released Wednesday showed that... more »

Manufacturing Growing At Fastest Pace In 7 Years

WASHINGTON — U.S. manufacturers expanded at the fastest pace in nearly seven years last month, but a sudden rise in the price of raw materials could threaten their profits.The Institute for Supply Management said Tuesday... more »

Presidents Day Marks Unofficial Start Of Second Retail Economy

Black Friday, the day after Thanksgiving, is known the nation over as the official start of the holiday shopping season. And this President's Day also marks a retail landmark, albeit a less-known one: the start... more »

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