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June 1, 2020 | Economy, Economic Review
While the reopening of businesses shut down by the coronavirus pandemic is a significant step forward, NRF Chief Economist Jack Kleinhenz says it is too soon to say how quickly or smoothly the nation’s economy will recover.
June 1, 2020 |
President and CEO Matthew Shay comments on incidents involving retail stores across the country following the death of George Floyd in Minneapolis.
May 28, 2020 | Economy
NRF welcomed House action on legislation that would give employers more time and flexibility to use Paycheck Protection Program money aimed at helping small businesses survive the coronavirus pandemic.
May 26, 2020 | Economy
NRF welcomed the introduction of the Pandemic Risk Insurance Act, which would establish a federal program to help businesses obtain insurance coverage for pandemics modeled on a system for terrorism insurance established following 9/11.
May 21, 2020 | Economy
NRF welcomed legislation agreed to by key members of the Senate that would give businesses more time to use Paycheck Protection Program money and spend it on safety equipment and improvements in addition to employee wages.
May 15, 2020 | Economy, Retail Sales
Retail sales numbers are not a surprise given the current state of affairs, says NRF President and CEO Matthew Shay.
May 15, 2020 | Economy, Retail Sales
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.
May 14, 2020 | Supply Chain
NRF asked a federal appeals court to overturn a recent California worker classification law, saying the measure makes it harder to contract with independent truck drivers by narrowing circumstances under which an individual can work as a contractor rather than an employee.
May 8, 2020 | Port Tracker, Trade, Economy
Imports at major U.S. retail container ports are expected to see double-digit year-over-year declines this spring and summer as the economic effects of the coronavirus pandemic continue, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
May 6, 2020 | Economy, Economic Review
With some stores starting to reopen as governors lift stay-at-home orders across the country, economic recovery from the coronavirus pandemic is likely to come gradually and may vary by location, according to NRF Chief Economist Jack Kleinhenz.