NRF Says Core Retail Sales Grew in February Amid Strong Labor Market
Overall retail sales dipped slightly in February, but core spending rose, NRF said.
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Inflation
NRF Says Retail Sales Picked Up in January as Job and Wage Growth and Easing Inflation Encouraged Spending
Retail sales bounced back strongly in January as inflation eased and income grew, NRF said.
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February Imports Expected to be Lowest in Nearly Three Years
Import cargo volume this month is expected to drop to nearly its lowest level since the beginning of the pandemic.
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NRF Economist Says Balance Between Inflation and Interest Rates is Key to Avoiding Recession
It’s too soon to say whether the Fed’s efforts to lower inflation will lead to a recession, but they increase the odds.
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Retailers Commend Congressional Leaders for Swift Action to Prevent Catastrophic Rail Strike
The resolution was approved yesterday in the House.
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