Economic conditions look like ‘soft landing,’ not recession, says NRF economistAlthough economic indicators are giving conflicting signs, the nation does not appear to be in a recession and should be headed toward a soft landing from inflation and high-interest rates. Amid new disruptions, NRF urges Biden to intervene in West Coast labor negotiationsAs contract talks drag on, tensions are rising at West Coast ports. NRF: Most consumers think retail crime is up Retailers aren’t the only ones who are concerned about growing retail theft. NRF: Core retail sales inch up in April as consumers remain ‘engaged’ Retail sales rebounded in April after falling in March not all sectors enjoyed gains. NRF: U.S. economy ‘remained in gear’ during the first quarter The difficulties of taming inflation was evident in the first quarter as consumer spending grew 6.5% over the previous quarter. As imports normalize, spotlight on ports’ labor negotiations Resolving labor negotiations at the West Coast ports is a top priority as import cargo volume at the nation’s major container ports stats to rise. NRF: 2023 will be ‘bumpy, with interest rates the ‘wildcard’ Retailers should fasten their seatbelts for what lies ahead. NRF forecasts retail sales to rise from 4% to 6% in 2023 Retail growth is expected to moderate in the months ahead, but it will remain positive even as sales start to stabilize from pandemic-era highs. Core retail sales rise in January in every category Retail sales rebounded in January amid a pick-up in post-holiday spending. U.S. recession unlikely in 2023, says NRF economist The economy is expected to see slight growth this year as consumers continue to deal with inflation and high interest rates. First Previous 20 21 22 23 24 Next Last
