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Tag Archives: inflation

NRF Predicts Healthy Growth for Holiday Retail Sales

holiday retail sales

In light of inflation woes and continued supply chain issues, the National Retail Federation predicts holiday retail sales during November and December will grow 6% to 8% from 2021. That amount of growth would put sales between $942.6 billion and …

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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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May Inflation Hits Highest Point Since 1981

May inflation

The U.S. Bureau of Labor Statistics released its Consumer Price Index for All Urban Consumers last week, which showed an increase of 1% in May, after rising 0.3% in April, and an inflation rate of 8.6%, the highest the U.S. …

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U.S. Adds 390,000 Jobs in May

jobs may

While the unemployment rate remained unchanged at 3.6% in May, 390,000 jobs were added to the U.S. economy even in light of increasing inflation, ongoing supply chain issues and predictions of an upcoming recession. The number of jobs added in …

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Consumers React to Supply Chain Issues and Inflation

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Morning Consult, a global decision intelligence company delivering insights and custom market research on what people think in real-time, released its U.S. Supply Chains Report in April 2022. The report evaluated the impact of ongoing supply chain issues and rising …

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