Retail sales rose slightly in August despite “headwinds” of interest and inflation rates
NRF says shoppers were buoyed by job and wage growth, but cautions higher prices could puncture those supports.
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Items Tagged with 'NRF - National Retail Federation'
ARTICLES
Tentative agreement averts railroad strike
Rail companies and union leaders have reached a tentative deal that will keep rail lines running, Biden Administration says.
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NRF says organized retail crime is a “burgeoning threat”
Losses from retail “shrink” rose to $94.5 billion in 2021, from $90.8 billion in 2020.
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Container imports forecast to fall below last year’s levels for the remainder of 2022
Cargo volumes are still above pre-pandemic levels, but growth rate slows, NRF and Hackett say.
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Trade groups applaud executive order on rail talks
Effort will help keep freight flowing, but West Coast dock worker negotiations and labor laws affecting California truckers remain key concerns, industry leaders say.
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Strong consumer spending and job demand will fend off recession this year, NRF says
ACT paints darker picture, forecasting a slowdown in freight markets.
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Congress passes shipping reform act in bid to clear port delays
Pending Biden’s signature, bill would empower Federal Maritime Commission to block “unfair business practices” by ocean carriers.
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Retailers press White House to rescind China tariffs
Move would help cool off inflation, NRF argues.
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Consumers hang on tight as economy is “rebalanced” by Federal Reserve
NRF says “modest expansion” more likely than “extreme cooling off” as central bank fights inflation.
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Consumers shrug off inflated prices to drive sales increase in April
Shoppers take higher prices for goods and gasoline in stride, thanks to wage and job gains, NRF says.
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