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Tag Archives: NRF

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. Ports Still Experiencing High Volume

Ports high volume

According to the most recent Global Port Tracker report, released by the National Retail Federation (NRF) and Hackett Associates, major retail container ports are expected to see near-record volume during June, hindering retailers’ attempts to meet still-high consumer demand.  Ports …

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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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Back-to-School Trends for 2022

back to school supplies

According to the National Retail Federation’s Annual 2021 Back-to-School Survey, 51 percent of K-12 and college shoppers begin shopping for the items they need as early as July. Make the grade by taking note of trending back-to-school items and the …

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NRF Forecasts 6 to 8% Retail Sales Growth in 2022

sales growth 2022

The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …

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January Retail Sales Soar Despite Omicron, Inflation

January retail sales

Even in light of the COVID-19 omicron variant, inflation and continuing supply chain and labor issues, retail sales jumped in January, according to numbers from the U.S. Census Bureau. Overall retail sales in January were up 3.8 percent seasonally adjusted …

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Holiday Spending Experiences Huge Growth in 2021

holiday spending 2021

The National Retail Federation (NRF) released the holiday spending numbers for 2021, which grew 14.1 percent over 2020. Holiday spending topped $886.7 billion, blowing NRF’s forecast, which was a growth of 11.5 percent, out of the water. The increase comes …

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2021 Thanksgiving Holiday Weekend Sales

Thanksgiving

According to the National Retail Federation (NRF), 180 million Americans shopped during the five-day holiday spending period from Thanksgiving Day through Cyber Monday. When compared to the 186 million shoppers in 2020 and 190 million in 2019, the deceleration has …

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