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Tag Archives: Spending

NRF Predicts Record Mother’s Day Spending

Mother's Day spending

Mother’s Day spending is expected to reach $33.5 billion this year, the second highest in the history of the survey, following last year’s record $35.7 billion, according to the annual consumer survey released by the National Retail Federation and Prosper …

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NRF CEO Talks State of Retail in 2024

NRF CEO

NRF CEO and president Matthew Shay joined the “Retail Gets Real” podcast live alongside Bill Thorne, NRF senior vice president of communications and public affairs, from Retail’s Big Show to talk about the event, how retailers fared this holiday season …

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Holiday Spending Up 3% Over Last Year

holiday spending

Retail holiday spending during the 2023 holiday season rose just over 3% year over year, according to data from Mastercard SpendingPulse. “This holiday season, the consumer showed up, spending in a deliberate manner,” says Michelle Meyer, chief economist at the …

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Inflation Hits Highest Point in 40 Years

inflation 40 years

The inflation rate topped 9.1% in June, the highest percentage in 40 years, according to the U.S. Bureau of Labor Statistics. The Consumer Price Index was up 1.3% in June on top of the 1.0% increase in May. The energy …

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Increase in Mother’s Day Spending Expected This Year

Mother's Day spending

The National Retail Federation (NRF) and Prosper Insights & Analytics conducted a consumer survey that found 84 percent of Americans plan to celebrate Mother’s Day this year. Spending on Mother’s Day is expected to top $31.7 billion, up $3.6 billion …

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HIRI Data Highlights Popular Home Improvements

homeowner diy projects

The Home Improvement Research Institute (HIRI) has revealed new insights into what’s motivating customers’ home care and maintenance spending. The 2020 HIRI Product Purchase Track Survey is now available to HIRI members. The information sheds light on home improvement product …

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June Home Improvement Sales Rise 17% Over 2019

home improvement sales

Sales at U.S. home improvement stores (NAICS 444) in June rose 17 percent over the same period in 2019, new data from the U.S. Census Bureau shows. Overall U.S. retail sales climbed 7.5 percent over May as many businesses reopened …

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