Tag: CNBC/NRF Retail Monitor

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

Moderate retail sales growth continued in November even as two of the holiday season’s busiest shopping days bumped over into December and weren’t included in the month’s totals, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. “November sales increased on top of a strong October and would have been even higher if... Read More

Retail sales showed moderate growth in June amid a still-solid economy and near-zero inflation for retail goods, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation (NRF). “Consumers are being thoughtful about their spending, prioritizing non-discretionary purchases as they continue to face high interest rates and lingering inflation,” said Matthew Shay, President and... Read More

Retail sales jumped significantly in May, showing strong increases both month over month and year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. “Consumers have clearly retained their ability to spend and are driving solid economic growth,” said Matthew Shay, president and CEO, NRF. “Spending is being supported by the... Read More