consumer trends

NRF: Economy remains ‘sturdy’ despite forecast for slower growth

Despite expectations for slower growth of both gross domestic product and retail sales, the economy should continue to do well the remainder of this y... READ MORE »

NRF survey shows top 5 gift categories for the holidays

The latest survey from the National Retail Federation and Prosper Insights & Analytics shows the top items consumers are shopping for throughout t... READ MORE »

2023 holiday spending to reach record levels

Holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion a... READ MORE »

Paper Luxe's exquisite Rifle vignette.

Consumers to spend nearly $900 this holiday season

Those celebrating the winter holidays expect to spend $875 on average on gifts, decorations, food and other key seasonal items, according to the Natio... READ MORE »

NRF: Import cargo slows along with spending growth

Import cargo volume at the nation’s major container ports has already hit its expected peak for the year and should gradually slow headed into the h... READ MORE »

Halloween 2023 spending to reach record $12.2B

Total Halloween spending is expected to reach a record $12.2 billion, exceeding last year’s record of $10.6 billion, according to the National Retai... READ MORE »

NRF: Economy is growing but momentum slows

The economy is still growing, but not as fast as it was earlier this year, reported Jack Kleinhenz, chief economist for the National Retail Federation... READ MORE »

NRF: Retail sales rise sharply in July

Retail sales reversed their downward trend in July as Amazon Prime Day and major promotions by other brands prompted increased shopping while wa... READ MORE »

Back-to-school shopping to reach record levels in 2023

Consumers are expected to spend record amounts for both back-to-school and back-to-college shopping this year, according to the annual survey released... READ MORE »

NRF: Retail sales increase in May 2023

Retail sales rose again in May as consumers continued to spend despite economic challenges, according to the National Retail Federation (NRF). The ... READ MORE »

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