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NRF: Census retail sales data shows consumers ‘seeing their way through’ tariffs but impact could come later Market research 

NRF: Census retail sales data shows consumers ‘seeing their way through’ tariffs but impact could come later

Data released today by the U.S. Census Bureau showed continued growth in core retail sales — which exclude autos, gas and restaurants — in May despite a downturn in overall sales amid on-again, off-again tariffs on imported merchandise, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “We’re continuing to see growth for core retail sales this year at about... Read More
Retail sales rebound in May, but there’s still a long way to go Market research News 

Retail sales rebound in May, but there’s still a long way to go

Retail sales rose dramatically in May as retailers and other businesses closed by the coronavirus pandemic began to reopen, but remained well below spending levels seen during the same period a year ago, according to the National Retail Federation. “Today’s sales report is very encouraging news at a time when we need to focus on what will happen as retail... Read More