Monthly Economic Review: August 2022
Recession unlikely in 2022 as consumer outlook remains favorable.
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Economy
June Retail Sales Increased Despite Rising Inflation
Retail sales increased in June even as inflation climbed higher and drove up prices across the board, NRF said.
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U.S. Ports Set Another Record as Volume Remains High and West Coast Labor Contract Talks Continue
Imports set a record as ports reduced congestion and retailers stocked up ahead of dockworker contract talks.
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NRF Says Economy is Slowing But Recession is Unlikely in Near Term
Economic growth is slowing, but NRF Chief Economist Jack Kleinhenz says consumers remain financially healthy.
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Monthly Economic Review: July 2022
Recession unlikely in 2022 as consumer outlook remains favorable.
Learn more