Economy

a glimpse of a large neighborhood from the birds eye view

Economy

Learn more about the current state of retail and the role it plays in supporting the U.S. economy, including retail sales, monthly economic reports and more data from the National Retail Federation.

NRF State of Retail & the Consumer

NRF’s State of Retail & the Consumer 2023 event explored the health of the American consumer and retail industry with leaders including NRF President and CEO Matthew Shay and NRF Chief Economist Jack Kleinhenz, Ph.D.

State of Retail and the Consumer 2023
 
Woman stands next to grocery cart looking at receipt
 
Inflation

Explore the causes and impact of inflation on the retail industry, and see what policies could alleviate the burden on consumers and retailers.

 
Retail's economic impact

Retail is the nation’s largest private-sector employer, contributing $3.9 trillion to annual GDP and supporting one in four U.S. jobs – 52 million working Americans. Explore how retail impacts the U.S. economy and dive into retail stats for each state.

 
small business displaying USA flag
 
Economy
 
Monthly Economic Review

Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.

 
a man is on a laptop while using his calculator
 
NRF Annual Forecast

The NRF annual forecast anticipates the retail sales growth for the year in conjunction with NRF’s annual State of Retail & the Consumer event, where retail industry leaders discuss the strength of the consumer economy and the future of retail.

 
Global Port Tracker
An evaluation of port data including container import volume, vessel services, congestion, gate operations and new transportation projects.
 
Retail Sales
Monthly retail sales figures from NRF, excluding automobiles, gasoline stations and restaurants.
 

More economic resources

Retail Sales Grew in August Despite Slowing Economy
 
default image
Retail sales rose in August as parents shopped for school supplies and other goods even as inflation continued.
Read more
Economy is Expanding but Momentum is Slowing
 
default image
NRF Chief Economist Jack Kleinhenz says the economy is still growing, but not as fast as it was earlier this year.
Read more
Monthly Economic Review: September 2023
 
Individuals shopping and looking at her phone.
Economy is expanding but momentum is slowing.
Read more