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Retail container imports to increase 9.9% in October
Washington, D.C. -- The Global Port Tracker report released Tuesday by the National Retail Federation and Hackett Associates found that import cargo volume at the nation’s major retail container ports is expected to increase 9.9% in October as merchants wrap up the annual shipping cycle for holiday merchandise.
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Card spending growth slower in September
Atlanta -- The SpendTrend analysis for September, released Tuesday by First Data Corp., found that card spending in September was down from the month prior.
The report, which tracks same-store consumer spending by credit, signature debit, PIN debit, EBT, closed-loop prepaid cards and checks at U.S. merchant locations, showed that overall dollar volume growth was 5.8%, down from August’s 7.2% growth.