Latest news on consumer trends
3 ways Mother’s Day gift shopping has evolved
Flowers are never out of style, but consumers are celebrating mom in more unique ways.
Mother’s Day expected to deliver highest consumer spending to date
Mother’s Day spending hits record high at $25 billion in 2019, up from $23.1 billion in 2018.
March retail sales gains are ‘very encouraging’
March retail sales as defined by NRF were up one percent month-over-month and 0.8 percent year over year.
February retail sales increased 2.7 percent over 2018
Retail sales were down 0.7 percent in February from January but up 2.7 percent year-over-year.
NRF says ‘state of the economy is sound’ and forecasts retail sales will grow between 3.8 and 4.4 percent
NRF says consumer spending will be boosted by increased employment and higher wages.