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Retail sales continued to grow in February, building off solid gains from January, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by NRF.

With the supply chain adjusting to ongoing Houthi rebel attacks on commercial vessels in the Red Sea, inbound cargo volume at the nation’s major container ports remains on track to show year-over-year increases through the first half of 2024, according to the Global Port Tracker report from NRF and Hackett Associates.

NRF Chief Economist Jack Kleinhenz says Inflation and the Federal Reserve’s efforts to bring it under control will continue to play a major role in the economy this year.

Data released by the U.S. Census Bureau shows retail sales cooled in January but that households continued to spend, NRF Chief Economist Jack Kleinhenz said.

Retail sales showed a strong beginning for the year in January, nearly matching December’s busy holiday spending and rising significantly year over year, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by NRF.

Inbound cargo volume at the nation’s major container ports is expected to see year-over-year increases through the first half of the year despite attacks on ships in the Red Sea, according to the Global Port Tracker report from NRF and Hackett Associates.

NRF today announced that its Center for Digital Risk & Innovation will join a diverse group of the nation’s leading artificial intelligence (AI) stakeholders to support the development and deployment of trustworthy and safe AI. Established by the Department of Commerce’s National Institute of Standards and Technology (NIST), the U.S. AI Safety Institute Consortium (AISIC) will bring together AI creators and users, academics, government and industry researchers, and civil society organizations to meet this mission.

The National Retail Federation today issued the following statement from President and CEO Matthew Shay in response to the Senate introduction of the “Emergency National 4 Security Supplemental Appropriations Act, 2024”

After a better-than-expected performance in 2023, NRF Chief Economist Jack Kleinhenz says what happens with the economy in 2024 could depend largely on the labor market and what the Federal Reserve does with interest rates, .

The National Retail Federation today issued the following statement from Senior Vice President of Government Relations David French after the U.S. House of Representatives voted to pass H.R. 7024, the Tax Relief for American Families and Workers Act