Tag: CNBC/NRF Retail Monitor

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