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NRF upgrades 2018 economic forecast but says tariffs remain a threat Press releases 

NRF upgrades 2018 economic forecast but says tariffs remain a threat

WASHINGTON, August 13, 2018 – The National Retail Federation today increased its retail sales forecast for 2018, saying sales are expected to grow more than previously predicted thanks to tax reform and other positive economic inputs but warning that tariffs threaten to dampen consumer confidence. NRF now expects 2018 retail sales to increase at a minimum of 4.5 percent over... Read More
June retail sales continue ‘steady run’ with 4.2 percent increase Market research Press releases 

June retail sales continue ‘steady run’ with 4.2 percent increase

WASHINGTON, July 16, 2018 – June retail sales were up 0.07 percent seasonally adjusted from May’s strong performance and increased 4.2 percent unadjusted year-over-year as economic growth continued despite the U.S. trade war with China and other countries, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “This is a healthy retail sales report and... Read More
June retail jobs increase more than 50,000 over 2017 but trade war could become a ‘turning point’ in confidence Press releases 

June retail jobs increase more than 50,000 over 2017 but trade war could become a ‘turning point’ in confidence

WASHINGTON, July 6, 2018 – Retail industry employment in June increased by 50,200 jobs unadjusted over the same time last year despite a seasonally adjusted drop from May of 25,800, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 213,000 jobs over May, the Labor Department said. “This is another... Read More
May retail sales increased 5.6 percent over last year Market research Press releases 

May retail sales increased 5.6 percent over last year

WASHINGTON, June 14, 2018 – May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “The economy is looking strong and households have a solid financial foundation on which to base... Read More
NRF: April retail sales increased 2.8 percent over last year Market research Press releases 

NRF: April retail sales increased 2.8 percent over last year

WASHINGTON, May 15, 2018 – April retail sales increased 0.4 percent seasonally adjusted over March and 2.8 percent year-over-year as consumers continued to spend, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “Retail sales growth remains solid and on track as households benefit from tax cuts even though they have faced unseasonable weather and... Read More
April retail jobs increase 3,700 from March and nearly 49,000 from 2017 Market research News Press releases 

April retail jobs increase 3,700 from March and nearly 49,000 from 2017

WASHINGTON, May 4, 2018 – With the economy boosted by tax reform and other factors, retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said today. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 164,000 jobs, the Labor Department said. “The jobs... Read More
NRF study finds Millennial parents shop differently than those from other generations Market research Press releases 

NRF study finds Millennial parents shop differently than those from other generations

WASHINGTON, April 30, 2018 – As millennials reach their late 20s and 30s, many are reaching their next step in life: parenthood. And findings from the spring edition of the National Retail Federation’s quarterly Consumer View report released today provide insight into how these new parents shop, spend and engage with brands differently than parents in other generations. “The millennial... Read More
Mother’s Day spending to reach $23.1 billion Market research Press releases 

Mother’s Day spending to reach $23.1 billion

Second-Highest in NRF Survey History WASHINGTON, April 24, 2018 – Mother’s Day spending is expected to total a near-record $23.1 billion this year, according to the annual survey released today by the National Retail Federation and Prosper Insights & Analytics. A total 86 percent of Americans will celebrate Mother’s Day and spend an average of $180 per person. “This year’s... Read More
March retail sales increased 5 percent over last year Market research Press releases 

March retail sales increased 5 percent over last year

WASHINGTON, April 16, 2018 – March retail sales increased 0.3 percent seasonally adjusted over February and 5 percent year-over-year as the economy continued to grow, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “This is a healthy spending report despite market volatility, unseasonable weather and uncertain economic policies,” NRF Chief Economist Jack Kleinhenz said.... Read More
February retail sales increase 4.4 percent over last year Market research Press releases 

February retail sales increase 4.4 percent over last year

WASHINGTON, March 14, 2018 – February retail sales increased 0.3 percent seasonally adjusted over January and 4.4 percent year-over-year as the economy continued to grow, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “Consumers are still in the driver’s seat,” NRF Chief Economist Jack Kleinhenz said. “Month-to-month comparisons don’t tell the whole story because... Read More
NRF/Forrester survey shows merging of physical and digital retail Market research Press releases 

NRF/Forrester survey shows merging of physical and digital retail

WASHINGTON, March 14, 2018 – Traditional and online retailing are increasingly intertwined as customers seamlessly shop across touchpoints and the industry uses both platforms to better serve them, according to the annual State of Retail Online study released today by the National Retail Federation and Forrester. “This report shows more than ever that retail is retail regardless of where a... Read More
Retail Jobs Increased by Over 46,000 in February Press releases 

Retail Jobs Increased by Over 46,000 in February

WASHINGTON, March 9, 2018 – Retail industry employment increased by 46,400 jobs in February over January, the National Retail Federation said today. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 313,000 jobs, the Labor Department said. “This substantial gain in retail jobs is a significant positive sign regarding the health and viability of the industry,”... Read More
Consumers using tax refunds to pay down debt and save this year Market research News Press releases 

Consumers using tax refunds to pay down debt and save this year

WASHINGTON, February 28, 2018 – More Americans than ever plan to hold on to their tax refunds this year rather than spending the money they get from the IRS, according to the annual tax refund survey released today by the National Retail Federation and Prosper Insights & Analytics. “Tax return season is a time when consumers plan and prioritize financially,... Read More
January Retail Sales Continue Strong After Holidays, Up 5.4 Percent Over Last Year Press releases 

January Retail Sales Continue Strong After Holidays, Up 5.4 Percent Over Last Year

WASHINGTON, February 14, 2018 – An improving economy kept January retail sales nearly as good as the holiday season’s strong showing – dropping only 0.26 percent seasonally adjusted from December – and fueled a healthy 5.4 percent increase year-over year, the National Retail Federation said today. The numbers exclude automobiles, gasoline stations and restaurants. “These numbers reinforce a positive start... Read More
Retail jobs increased by over 11,000 in January News Press releases 

Retail jobs increased by over 11,000 in January

WASHINGTON, February 2, 2018 – Retail industry employment increased by 11,100 jobs in January over December, the National Retail Federation said today. The number excludes automobile dealers, gasoline stations and restaurants. Overall, the economy added 200,000 jobs, the Labor Department said. “These numbers reflect the strong holiday season and how retailers matched consumer demand for consumption by hiring additional staff,”... Read More
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