Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.
NRF Economist Says U.S. Recession Unlikely
A recession is unlikely and the economy should see slight growth in 2023, NRF Chief Economist Jack Kleinhenz says.
Monthly Economic Review: February 2023
Sluggish growth expected in 2023.
Monthly Economic Review: January 2023
Fed seeks balance between inflation and interest rates to avoid recession in New Year.
Inflation vs. Interest Rates 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.
GDP Growth is Slower But Consumer Spending Remains Positive
GDP isn’t likely to grow as much in the fourth quarter as the third, but consumer spending should remain strong.
Monthly Economic Review: December 2022
Economy holding up in late 2022 but slower as it moves to finish line.