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| Trade
Retailers urge Congress to pass tariff relief legislation
NRF issued a statement from Senior Vice President for Government Relations David French calling on Congress to pass legislation that would require an exclusion process for the Trump administration's tariffs on $200 billion worth of Chinese imports.
Tariffs, Congress, Internaitional Trade, China
| Trade
Retailers welcome progress on trade negotiations and delay of tariff increase
NRF supports the administration's delay of a tariff increase on Chinese goods that was set to take effect this week.
Global Trade
| Consumer Trends, Holidays & Seasonal, Winter Holidays, Economy, Retail Sales, Forecasts, Holiday Forecast, Annual Forecast, Holiday Planning Playbook
2018 holiday sales grew 2.9 percent amid turmoil over trade policy and delay in data collection
Holiday retail sales during 2018 grew a lower-than-expected 2.9 percent over the same period in 2017 to $707.5 billion, NRF said after the Commerce Department released data that had been delayed by nearly a month because of the recent government shutdown.
Holiday sales, Retail sales, Tariffs, Trade War
| Port Tracker, Economy, Trade, Supply Chain
Retail imports still strong as possible March tariff hike approaches
Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, according to the monthly Global Port Tracker report from NRF and Hackett Associates.
Global Port Tracker, Tariffs, International trade, Global Trade, Cargo, Cargo Containers, Imports, Import Cargo, Import Cargo Volume, Supply Chain
| Trade
Retailers respond to 2019 State of the Union address
NRF issued a statement from President and CEO Matthew Shay following President Donald Trump’s 2019 State of the Union address.
State of the Union, Congress, White House, Economy, Internaitional Trade
| Economy, Retail Sales
NRF says ‘state of the economy is sound’ and forecasts retail sales will grow between 3.8 and 4.4 percent
NRF's annual forecast projects that retail sales during 2019 will increase between 3.8 percent and 4.4 percent to more than $3.8 trillion despite threats from an ongoing trade war, the volatile stock market and the effects of the government shutdown.
Retail sales, Economy, Consumer Spending
| Economy, Workforce
Retail jobs grew nearly 15,000 in January over December
Retail employment in January was down by 15,100 jobs from a year earlier but increased 14,800 jobs adjusted from December, according to NRF. The retail numbers, which exclude automobile dealers, gasoline stations and restaurants, came as the nation added 304,000 jobs overall compared with December.
Jobs, Retail Jobs, Employment, Retail Employment
| Valentine's Day, Consumer Trends
Fewer consumers celebrating Valentine’s Day but those who do are spending more
Americans are expected to spend a record amount on Valentine’s Day this year despite a years-long decrease in the percentage of people celebrating the holiday.
Valentine's Day, Consumer Spending, Consumer Trends
| Super Bowl
Consumers say they’ll spend an average $81 on Super Bowl
Americans will spend an average $81.30 for a total of $14.8 billion as they watch the New England Patriots and the Los Angeles Rams in the Super Bowl, according to NRF’s annual survey.
Super Bowl, Consumer Spending, Consumer Trends
| Trade
Legislation expanding executive power over tariffs is ‘exact opposite’ of what Congress should focus on, says NRF
NRF says bill to give the executive branch unilateral authority to raise U.S. tariffs on any foreign country "would make matters even worse."
Tariffs, Wisconsin, Congress