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| Economy, Supply Chain, Trade, Port Tracker
August will be the busiest month of the year for import cargo volume at the nation's major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on the holiday season.
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For 2016, Back-to-School shoppers are getting ready to stock up rather than make do with their school supplies.
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Consumers will spend an average of $71.34 per household on food for barbecues and picnics this Independence Day.
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The National Retail Federation joined with other business organizations in filing an amicus brief with the U.S. Court of Appeals for the D.C. Circuit in the Browning-Ferris Industries’ joint employer case.
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Consumers are expected to spend an average $125.92 for the holiday, up from last year’s $115.57. Total spending is expected to reach $14.3 billion, the highest in the survey’s 13-year history but still below this year’s Mother’s Day total of $21.4 billion.
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The National Retail Federation announced that Representative Peter Welch, D-Vt., and Senator Tim Scott, R-S.C., have been named NRF’s Legislators of the Year.
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The National Retail Federation recognized more than 300 members of Congress for their support of retail industry priorities including international trade, infrastructure investment, tax reform and labor issues. The “Heroes of Main Street” award is being presented as part of NRF’s annual Retail Advocates Summit fly-in.
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Americans are looking forward to splurging on their mothers with jewelry, electronics and special outings for Mother’s Day this year. According to the National Retail Federation’s annual survey conducted by Prosper Insights and Analytics, U.S. consumers are expected to spend an average of $172.22, down slightly from last year’s record-high $172.63.
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Ready to celebrate spring with friends and family, Americans anticipate spending more than ever on Easter this year.
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According to NRF’s annual St. Patrick’s Day Spending Survey conducted by Prosper Insight and Analytics, more than 125 million Americans plan to celebrate the Irish holiday and are expected to spend an average of $35.37 per person, down slightly from last year’s $36.52.