consumer trends
Thanksgiving weekend sees 197M shoppers, marks second-highest in history
The five-day holiday weekend from Thanksgiving through Cyber Monday saw an estimated 197 million shoppers, according to the annual survey released by ... READ MORE »
NRF: Steady sales growth expected for 2024 holiday season
The National Retail Federation (NRF) forecasted that 2024 holiday spending is expected to grow between 2.5% and 3.5% over 2023. That equates to betwee... READ MORE »
Census retail sales data for May shows a ‘reasonably healthy consumer’
Data released by the U.S. Census Bureau today shows retail sales grew again in May and helped drive a still-expanding economy, National Retail Federat... READ MORE »
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 »
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 »
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