economy

Retail
Deloitte: Holiday Sales Forecast Remains Uncertain

In its annual holiday forecast, Deloitte anticipates retail sales to increase between 1% and 1.5%, although the consulting firm admits that figuring out what might go on as 2020 ends is particularly uncertain.

Retail
NRF: Retailers Cautious As Imports Decline

Imports at major U.S. retail container ports during 2020 are expected to see their lowest total in four years as the impact of the coronavirus pandemic on the U.S. economy continues, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Retail
LIRA: Pandemic Weighs On Home Remodeling Spending

Expenditures for improvements and repairs to owner-occupied homes are expected to slow by the middle of next year as the COVID-19 pandemic continues to unfold, 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: Retail Sales Improve In June

Retail sales rose in June, the National Retail Federation reported citing United States Census Bureau numbers, a gain that represented both a monthly increase and the first year-over-year gain since the beginning of the year as more retailers closed by the coronavirus pandemic reopened.

Retail
NRF: Retail Sales Drop During April

Retail sales dropped almost twice as much during April as they did in March as the nation’s economy saw its first full month when most businesses were closed because of the coronavirus pandemic, the National Retail Federation said.

Retail
LIRA Projects Downturn In Remodeling Market

Owner expenditures for home renovations and repairs are expected to decline at least through the first quarter of next year due to fallout from the COVID-19 pandemic, 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: January Retail Sales Solid

The National Retail Federation, citing U.S. Census Bureau figures, reported that retail sales in January increased 0.2% seasonally adjusted over December and increased 2.7% unadjusted year-over-year.

Retail
Housewares Vendors Weigh Business Investments Moving Forward Into 2020

A strong economy has helped the housewares industry make new investments, despite continued uncertainty surrounding tariffs and cost pressures from the top and bottom. Many housewares suppliers in 2020 will be introducing new products that differentiate themselves from the competition, developing more ways to connect directly with consumers and continuing to fine-tune business operations.

Retail
November Retail Sales Lower Than Expected

Retail sales in November increased only 0.1% seasonally adjusted over October and were up 2.1% unadjusted year-over-year, the National Retail Federation reported. The numbers exclude automobile dealers, gasoline stations and restaurants.

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