WASHINGTON – The National Retail Federation issued the following statement from President and CEO Matthew Shay in response to the announcement of a $900 billion bipartisan coronavirus stimulus package.
“NRF and our members have been vocal and consistent in our calls for additional, targeted fiscal stimulus and the extension of expiring coronavirus relief measures. We are encouraged by news of bipartisan discussions about meaningful and comprehensive stimulus measures to help support consumers, small businesses, states and health care professionals.
“We urge Senate and House leadership to move expeditiously and pass stimulus legislation. A bipartisan plan to keep the economy moving in the right direction with job creation and sustainable economic growth is urgently needed.”
The National Retail Federation, the world’s largest retail trade association, passionately advocates for the people, brands, policies and ideas that help retail thrive. From its headquarters in Washington, D.C., NRF empowers the industry that powers the economy. Retail is the nation’s largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs — 52 million working Americans. For over a century, NRF has been a voice for every retailer and every retail job, educating, inspiring and communicating the powerful impact retail has on local communities and global economies. NRF.com