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CNBC/NRF Retail Monitor data shows spending slowed in September but year-over-year growth remains ‘robust’ Market research 

CNBC/NRF Retail Monitor data shows spending slowed in September but year-over-year growth remains ‘robust’

GaryPageau ,
Retail sales slowed on a monthly basis in September after a busy summer but year-over-year increases remain strong as retailers prepare for the holiday season, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released today by the National Retail Federation. “Retail sales dipped in September as consumers hit the pause button after two solid months of back-to-school spending,”... Read More
NRF: Monthly imports expected to drop below 2 million TEU as tariffs continue to rise   Market research News 

NRF: Monthly imports expected to drop below 2 million TEU as tariffs continue to rise  

GaryPageau ,
With most holiday merchandise already on hand and tariffs continuing to rise, monthly import cargo volume at the nation’s major container ports is expected to fall below the 2 million TEU mark for the remainder of the year, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “This year’s peak season has... Read More
NRF: Halloween Spending to Reach Record $13.1 Billion  Market research 

NRF: Halloween Spending to Reach Record $13.1 Billion 

GaryPageau
Halloween spending is expected to reach a record $13.1 billion this year, according to the National Retail Federation’s annual consumer survey conducted by Prosper Insights & Analytics. The figure is up from $11.6 billion last year and exceeds the previous $12.2 billion record set in 2023. “Even with concerns about price increases due to tariffs, Halloween continues to resonate with... Read More
NRF: 2025 import cargo levels expected to be down more than 5% from 2024 amid rising tariffs   News 

NRF: 2025 import cargo levels expected to be down more than 5% from 2024 amid rising tariffs  

GaryPageau ,
With new tariffs putting pressure on international trade, import cargo volume at the nation’s major container ports is tentatively expected to end 2025 5.6% below 2024’s volume, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “While this forecast is still preliminary, it shows the impact the tariffs and the administration’s trade policy... Read More
NRF: Credit card ‘swipe’ fees account for $3 billion of back-to-school costs this year News 

NRF: Credit card ‘swipe’ fees account for $3 billion of back-to-school costs this year

GaryPageau
“Swipe” fees banks charge merchants to process credit card transactions will drive up the price of school and college supplies by $3 billion this year and cost the average family between $20 and $30, said the Merchants Payments Coalition. “With swipe fees constantly rising, this hidden tax takes more out of families’ school supply budgets every year,” MPC member and... Read More
Import cargo levels expected to rebound in July but to drop again Market research News 

Import cargo levels expected to rebound in July but to drop again

GaryPageau ,
Import cargo volume at the nation’s major container ports is expected to rebound this month after a double-digit drop in late spring but is forecast to fall again after previously paused tariffs take effect, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “The tariff situation remains highly fluid and retailers are working... Read More
NRF chief economist says ‘anxiety and confusion’ from tariffs causing uncertainty Market research News 

NRF chief economist says ‘anxiety and confusion’ from tariffs causing uncertainty

GaryPageau ,
Halfway through the year, it is still difficult to predict the impact new tariffs and other government policies will have on the U.S. economy, said Jack Kleinhenz, chief economist at the National Retail Federation (NRF). “This year began with high expectations for the strength of the U.S. economy,” Kleinhenz said, noting strong 2.8% year-over-year growth in gross domestic product in... Read More
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

GaryPageau ,
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
NRF: Import cargo levels expected to see surge during pause in tariff increases News 

NRF: Import cargo levels expected to see surge during pause in tariff increases

GaryPageau
Import cargo at the nation’s major container ports is expected to see a surge through this summer as retailers take advantage of a 90-day reduction in tariffs that were recently imposed on China, according to the Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates. “This is the busiest time of the year for retailers... Read More
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

GaryPageau
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

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

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

GaryPageau ,
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
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

GaryPageau , ,
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

GaryPageau
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

GaryPageau ,
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