Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.
![A woman shopping.](http://cdn.nrf.com/sites/default/files/styles/crop_750_486/public/2024-07/Shopping.jpg?itok=qk6_CZgT)
Monthly Economic Review: July 2024
Tom Petty Was Right: Waiting is the Hardest Part
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Economy is in ‘Critical Moment’ But Fed Has Time to Wait on Interest Rates
As inflation continues to ease and the Fed ponders when to lower interest rates, the nation is in a "critical moment."
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![Consumer shopping](http://cdn.nrf.com/sites/default/files/styles/crop_310_310/public/2024-01/iStock-1466000525.jpg?itok=ZfSko4OE)
Monthly Economic Review: June 2024
Year Ahead Depends on Jobs, Inflation and the Fed.
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![default image](/themes/custom/nrf_d8/images/default/press_release_default__310x310.png)
Consumers Remain ‘Willing to Spend’
Shoppers remain willing to buy even as smaller job and wage gains and high interest rates slow spending growth.
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![Mother and daughter shopping](http://cdn.nrf.com/sites/default/files/styles/crop_310_310/public/2021-03/shutterstock_1230910540.jpg?itok=QjbLPZ3L)
Monthly Economic Review: May 2024
First quarter results show economy slowing but still growing.
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![default image](/themes/custom/nrf_d8/images/default/press_release_default__310x310.png)
First Quarter Results Show Economy is Slowing but ‘Remains Resilient’
Economic growth slowed during the first three months of 2024, but consumers are still spending more than last year.
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