Consumers Remain ‘Willing to Spend’ Even as Growth Slows
Shoppers remain willing to buy even as smaller job and wage gains and high interest rates slow spending growth.
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Inflation
Inflation remains a problem — but not for goods
Even with goods prices falling, it’s unlikely that inflation will weaken much without consumers cutting back on services
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Census Data Shows Retail Sales Moderated in April
Data released by the U.S. Census Bureau shows retail sales moderated in April, NRF Chief Economist Jack Kleinhenz said.
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CNBC/NRF Retail Monitor Shows Retail Sales Grew in April
Retail sales grew modestly in April, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions.
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First Quarter Results Show Economy is Slowing but ‘Remains Resilient’
Economic growth slowed during the first three months of 2024, but consumers are still spending more than last year.
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