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| Economy
The National Retail Federation welcomed the proposal on comprehensive tax reform released by President Trump.
| Economy
NRF and retailers from across the country went to Capitol Hill as Congress held a hearing on legislation that would repeal debit card swipe fee reform, saying reform has saved merchants and consumers more than $40 billion and should be protected.
| Consumer Trends, Holidays & Seasonal, Mother's Day
With 85 percent of consumers surveyed celebrating the holiday, total spending is expected to reach $23.6 billion. That’s the highest number in the survey’s 14-year history, topping last year’s previous record of $21.4 billion.
| Economy, Retail Sales
Retail sales in March increased 0.3 percent seasonally adjusted over February and 3.5 percent unadjusted year-over-year, according to calculations released today by the National Retail Federation. The numbers exclude automobiles, gasoline stations and restaurants.
| Economy
The National Retail Federation tomorrow will launch the next phase of a television and digital ad campaign against House Republicans’ proposed border adjustment tax, building on the success of satirical “As Seen on TV” ads that described the BAT as an “everything tax” for American consumers.
| Economy, Supply Chain, Trade, Port Tracker
Imports should continue to see strong increases throughout the spring and summer as the nation's economy improves, according to NRF's monthly Global Port Tracker report.
| Economy, Workforce
Retail industry employment decreased by 30,300 jobs in March from February.
| Economy, Workforce
NRF welcomed committee approval of Alexander Acosta as secretary of labor and said quick confirmation by the full Senate would help bring back balance at an agency where "ideological whims" have blocked job creation.
| Economy
NRF welcomed a Supreme Court ruling that First Amendment free speech rights should be considered when determining how merchants show consumers credit card swipe fees that drive up the price of merchandise by billions of dollars a year.
| Economy
NRF welcomed the Supreme Court's refusal to reinstate a class action lawsuit settlement that would have blocked merchants from challenging Visa and MasterCard's price-fixing of credit card swipe fees that increase prices paid by consumers.