economy

Retail
LIRA: Remodeling Spending To Slow In 2019

Annual growth in the national market for home improvement and repair is expected to slow by the end of the year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
NRF: October Retail Sales Up 5.6%

With the holidays approaching, consumers have not slowed their spending in October as retail sales for the month were up 5.6% year-over-year, according to the National Retail Federation.

Retail
NRF: Consumer Holiday Spending To Rise

Consumers said they will spend an average of $1,007.24 during the holiday season this year, up 4.1% from the $967.13 they said they would spend last year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.

Retail
NRF: Retail Imports Remain Strong Despite Tariffs

Imports at the nation’s major retail container ports are expected to remain at near-record levels in October despite a new round of tariffs that took effect in September, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Retail
NRF: September Retail Sales Gain

Year-over-year retail sales in September were up 3% as general merchandise stores and electronics and appliance stores reported strong gains in the year’s ninth month, according to the National Retail Federation.

Retail
NRF Predicts Strong Holiday Sales

The National Retail Federation said that it expects holiday retail sales in November and December, excluding automobiles, gasoline and restaurants, to increase between 4.3% and 4.8% over 2017 for a total of $717.45 billion to $720.89 billion.

Retail
NRF: Tariffs Would Hurt Workers, Consumers

In testimony before the Office of the U.S. Trade Representative, the National Retail Federation spoke out against the Trump administration’s proposed $200 billion in tariffs on a host of items including housewares and various home products.

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