NRF Says Consumers Still Spending Despite Worries Over Inflation and Interest Rates
Consumers remain worried about inflation and interest rates but neither has stopped them from spending.
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Economy
Monthly Economic Review: October 2022
Consumers spending more cautiously — but not stopping — as the Fed gets even tougher on inflation.
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August Retail Sales Supported by Job and Wage Gains Amid Continued Inflation
Consumers’ willingness to spend overcame inflation again in August as more jobs and higher wages helped ease pressure.
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Import Slowdown Continues as Fed Tries to Rein in Consumer Demand
With inflation continuing and the Fed trying to cool demand, imports are expected to fall below last year's levels.
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NRF Says Growth Has Slowed But Indicators Disagree on Whether the Nation is in a Recession
Economic growth has slowed, but it isn’t clear if the nation is in a recession, NRF Chief Economist Jack Kleinhenz says.
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