Store closing announcements up, along with retail bankruptcies
2023 continues to be a much tougher year for retailers.
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Economy
Monthly Economic Review: August 2023
Economy remained resilient in first half of 2023 but pace is lessening.
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NRF Economist Says Growth in Consumer Spending is Slowing
Consumers are still buying more, but spending growth is slowing as the economy settles down.
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Retail Sales Grew Again in June Despite Slower Job Gains
Retail sales continued to rise in June even as employment grew more slowly, NRF said.
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NRF Economist Says Conditions are ‘Still Moving in the Right Direction’ Even With Slower Growth Expected
The economy did better in the first half of 2023 than early indicators suggested and appears to be “rolling forward."
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