Brick-and-mortar locales remain a major draw for shoppers, survey shows
'Consumers are willing to spend where they see value,' said NRF Chief Economist Jack Kleinhenz
Shorter selling season due to late Thanksgiving to have impact, NRF predicts
“These numbers show the continued resiliency of the American consumer”
August stats from CNBC/NRF show spending focused on household priorities
Seasonal spending expected to grow up to 3.3% over ’23
Americans continued shopping across the board, government stats show
New research says retailers are embracing post-work shopping and payday splurges as employees return to the office
But while inflation for goods hit near zero, it persists in services
(PRESS RELEASE)WASHINGTON – Monthly inbound cargo volume at the nation’s major container ports is continuing to rise despite a variety of supply chain challenges, according to...
Numbers from the census and labor statistics bureaus show little upward movement in prices
Prices for services still rising, while goods level off: NRF Economist
The decline is expected to continue into May
However, furniture and garden stores saw declines last month
Walmart maintained its top ranking with a robust online marketplace and a range of new financial resources for shoppers
“Consumers’ behavior and spending power are tied to their financial health, and the consumer sector looks good at the moment”
Full-year sales for 2023 also up from a year earlier
The Census Bureau said overall retail sales in November were up 0.3% from October and up 4.1% year over year
Overall retail sales in October were down 0.1% from September but up 2.5% year over year
“This was a positive report with no sign of an abruptly slowing economy despite what has happened with inflation and interest rate pressures”
