September Retail Sales Grew as Delta Variant Favored Spending on Goods Over Services
Retail sales increased in September as worries about COVID-19 pushed consumer spending to goods rather than services.
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Economy
NRF Statement on Biden Administration’s China Trade Policy
NRF issued the following statement in response to the announcement on the Biden administration’s China trade policy.
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Monthly Economic Review: October 2021
The COVID-19 situation has been a significant factor impacting the direction of the economy.
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NRF Economist: ‘Watch What Consumers Do, Not What They Say’ as Recovery Continues
Despite falling consumer confidence amid the recent rise in COVID-19 infections, shoppers are continuing to spend.
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August Retail Sales Rise Despite 'Trifecta of Macroeconomic Headwinds'
Retail sales increased August as consumer demand outweighed the pandemic, supply chain disruptions and other factors.
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