Tag: Census Data

Data released by the U.S. Census Bureau shows retail sales continued to increase in March as tax refunds and job growth put more money in shoppers’ pockets, said Jack Kleinhenz, chief economist, National Retail Federation (NRF). “March’s Census Bureau numbers confirm that consumer spending remains steady, underscoring a resilient consumer despite inflationary pressure,” Kleinhenz said. “While sales were mixed, several... Read More

Data released by the U.S. Census Bureau shows retail sales expanded in February after a strong but flat January, said Jack Kleinhkenz, chief economist, National Retail Federation (NRF). “Retail sales rebounded in a solid fashion in February, showing the consumer is still spending and pointing to underlying strength in the economy,” Kleinhenz said. “These results indicate that the economy is... Read More