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NRF: Census data shows steady retail sales in April as tariff concerns continued Market research News 

NRF: Census data shows steady retail sales in April as tariff concerns continued

Data released today by the U.S. Census Bureau shows shoppers remained engaged in April amid continued concern over tariffs on imported merchandise, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Consumers are still spending despite widespread pessimism fueled by rising tariffs,” said Kleinhenz said. “While tariffs may have weighed on spending decisions, growth is coming at a moderate pace... Read More
NRF: Import cargo levels to see first year-over-year drop since 2023 Market research News 

NRF: Import cargo levels to see first year-over-year drop since 2023

Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by President Donald J. Trump on the supply chain increases, according to the Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “We... Read More
CNBC/NRF Retail Monitor: April sales growth as consumers stocked up ahead of tariffs Market research News 

CNBC/NRF Retail Monitor: April sales growth as consumers stocked up ahead of tariffs

Retail sales grew in April as many consumers moved up buying to avoid higher prices expected to come with tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation (NRF). “Spending rose again in April, driven largely by consumers continuing to pull purchases forward to stay ahead of tariffs that will inevitably lead... Read More
Gartner: Supply chain leaders plan to pass costs to customers as top tariff mitigation strategy Market research News 

Gartner: Supply chain leaders plan to pass costs to customers as top tariff mitigation strategy

According to a survey by Gartner, Inc., 45% of supply chain leaders anticipate passing costs to their customers as their primary strategy for mitigating new tariff costs. Forty-three percent of respondents stated they would mitigate the costs through various supply chain initiatives as their primary strategy. Gartner surveyed 126 supply chain leaders from March 17, 2025, through April 7, 2025, on... Read More
NRF: Mother’s Day spending expected to reach $34.1 billion Market research 

NRF: Mother’s Day spending expected to reach $34.1 billion

Consumer spending on Mother’s Day is expected to reach $34.1 billion this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The amount is up from last year’s $33.5 billion and follows closely behind the record of $35.7 billion in 2023. “Mother’s Day is an important holiday for many consumers, only surpassed by... Read More
Rise Above Research announces new reports for 2025 Market research News 

Rise Above Research announces new reports for 2025

Rise Above Research announced new report updates, available from the reports page: 2022 US Photo Merchandise Forecast– This is an annual US Photo Merchandise forecast that focuses on photo cards, photo books, photo calendars, and photo wall/tabletop décor. The forecast range is from 2025-2029, with estimates for 2024 given as well, and includes units, revenue, average selling prices, and breakouts... Read More
NRF: Census data shows retail sales grew in March but consumers are ‘not feeling great’ as tariffs rise Market research News 

NRF: Census data shows retail sales grew in March but consumers are ‘not feeling great’ as tariffs rise

Data released today by the U.S. Census Bureau showed retail sales grew in March even though consumers continued to worry about the impact of rising tariffs, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “Retail sales strengthened in March, supported by continued solid growth in income, lower energy costs and bigger-than-usual tax refunds that all helped support household budgets,”... Read More
NRF: Cargo Levels to drop sharply amid new tariffs and uncertainty Market research News 

NRF: Cargo Levels to drop sharply amid new tariffs and uncertainty

With sweeping tariffs now imposed on all U.S. trading partners, import cargo at the nation’s major container ports is expected to drop dramatically beginning next month, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “Retailers have been bringing merchandise into the country for months in attempts to mitigate against rising tariffs,... Read More
CNBC/NRF Retail Monitor: March sales grew only moderately amid tariff concerns Market research News 

CNBC/NRF Retail Monitor: March sales grew only moderately amid tariff concerns

Retail sales grew in March after two straight months of declines, but gains remained moderate as consumers continued to be concerned by rising tariffs, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation (NRF). “Retail sales increased in March but only moderately, and the spending came before the president’s ‘Liberation Day’ tariff... Read More
NRF: Consumers to spend $23.6 billion on Easter Market research 

NRF: Consumers to spend $23.6 billion on Easter

Consumers plan to spend a total of $23.6 billion on Easter this year, according to the annual survey released today by the National Retail Federation (NRF) and Prosper Insights & Analytics. The amount is above last year’s $22.4 billion, approaching the record $24 billion spent in 2023. “As we witnessed throughout the pandemic, holidays such as Easter are especially meaningful... Read More
NRF: 2025 retail sales to hit $5.42 trillion, despite economic uncertainty Market research 

NRF: 2025 retail sales to hit $5.42 trillion, despite economic uncertainty

The National Retail Federation (NRF)  forecast retail sales during 2025 will grow between 2.7% and 3.7% over 2024 to between $5.42 trillion and $5.48 trillion. The announcement was made during NRF’s fifth annual State of Retail & the Consumer virtual event on the health of American consumers and the retail industry. “Overall, the economy has shown continued momentum so far in... Read More
Revenue concerns surge as inflation remains dominant challenge for small businesses Market research News 

Revenue concerns surge as inflation remains dominant challenge for small businesses

Small business owners reported a dip in confidence this quarter across measures of business health, cash flow, and increases in staff, according to findings from the Q1 MetLife and U.S. Chamber of Commerce Small Business Index. Notably, concern for revenue increased by 10 percentage points to 35%, reaching the highest level of concern since Q3 2021 (34%), when tracking of... Read More
NRF: Census retail sales data shows consumers are ‘Aapprehensive’ Despite ‘Healthy’ Economic Fundamentals Market research News 

NRF: Census retail sales data shows consumers are ‘Aapprehensive’ Despite ‘Healthy’ Economic Fundamentals

Data released today by the U.S. Census Bureau showed modest month-over-month retail sales growth in February amid consumer worries over inflation and Washington policy decisions, National Retail Federation Chief Economist Jack Kleinhenz said. “Lower-than-expected consumer spending in the first couple of months of the year likely reflected payback for very strong spending in the fourth quarter and weather-related events since... Read More
CNBC/NRF Retail Monitor shows February sales were down monthly amid tariff concerns Market research News 

CNBC/NRF Retail Monitor shows February sales were down monthly amid tariff concerns

Retail spending declined on a monthly basis in February amid concern over tariffs. Still, it continued to grow year over year as the economy remained strong, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation (NRF). “Consumer spending dipped slightly again in February due to the combination of harsh winter weather and... Read More
NRF Chief Economist says data ‘remains strong’ but public policy uncertainties ‘blur the rconomic outlook’ for 2025   Market research 

NRF Chief Economist says data ‘remains strong’ but public policy uncertainties ‘blur the rconomic outlook’ for 2025  

Strong economic performance seen in 2024 is expected to carry over and influence growth this year, but there is a wide range of uncertainty as the White House and Congress make decisions that will impact the economy, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “While the U.S. economy has entered 2025 with a fair amount of momentum, the... Read More