Jack Kleinhenz

Chief Economist

Jack Kleinhenz, Ph.D., CBE is the chief economist for the National Retail Federation, the world’s largest retail trade association.

As a professional economist with more than 35 years of experience working with Fortune 500 companies, banking firms, regulators, planners, universities, airports, manufacturers, chambers of commerce, trade associations, nonprofit organizations and state and local government agencies, Kleinhenz is known for translating economics into clear and concise explanations and action. He is a Certified Business Economist (CBE) in business economics and data analytics. 

A frequent speaker on business and economic issues, Kleinhenz is regularly called upon for his expertise by the local, national and international media. These include The Financial Times, Bloomberg News, CNBC, Fox News, National Public Radio, The Wall Street Journal, USA Today and The Washington Post.

Formerly with the Federal Reserve Bank of Cleveland, Kleinhenz is a contributing forecaster to The Wall Street Journal, CNBC, Federal Reserve Bank of Chicago and the Federal Reserve Bank of Philadelphia. He also participates as a panelist for NABE’s Economic Outlook, Business Conditions and Policy surveys. He is a past president of the National Association for Business Economics, the largest international association of applied economists, strategists, academics, and policymakers committed to the application of economics.

Kleinhenz serves as a board director to the National Bureau of Economic Research, the nation's leading nonprofit economics research organization. Appointed by the U.S. Secretary of Labor, Kleinhenz has served as a member of the Bureau of Labor Statistics Data Users Advisory Committee. He is a member of The Conference Board Consumer Dynamics Center Advisory Board, the University Hospitals of Cleveland Investment Management Committee and the Governor of Ohio’s Council of Economic Advisors. 

He also serves as principal and chief economist of Kleinhenz & Associates, an economic, financial consulting and wealth management firm headquartered in Cleveland, as well as adjunct professor of economics at Case Western Reserve University’s Weatherhead School of Management. A graduate of John Carroll University, he earned his M.A. and Ph.D. in Economics from the University of Notre Dame.

Authored by Kleinhenz

Monthly Economic Review: December 2022
 
Holiday season shopping
Economy holding up in late 2022 but slower as it moves to finish line.
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Monthly Economic Review: November 2022
 
Holidays
Consumers remain steadfast going into holiday season.
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Monthly Economic Review: October 2022
 
Shopping
Consumers spending more cautiously — but not stopping — as the Fed gets even tougher on inflation.
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Monthly Economic Review: September 2022
 
Shopping
Measurements, measurements on the wall, which is the fairest of them all?
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Monthly Economic Review: August 2022
 
Spending projections
Recession unlikely in 2022 as consumer outlook remains favorable.
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Monthly Economic Review: July 2022
 
Pumping gas
Recession unlikely in 2022 as consumer outlook remains favorable.
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