Economy

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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.

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.

 
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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.

 
State of Retail and the Consumer

NRF’s annual State of Retail and the Consumer event explores the health of the American consumer and key behavior trends. Hear from industry experts including NRF President and CEO Matthew Shay, NRF Chief Economist Jack Kleinhenz, Ph.D., retail CEOs from major brands and market researchers.

 
Consumer spending
 
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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 key port data including container import volume, vessel services, congestion, gate operations and new transportation-related projects.
 
Retail Sales
Monthly retail sales figures from NRF, excluding automobiles, gasoline stations and restaurants.
 

More economic resources

Economy Slowing But Near-Term Recession Unlikely
 
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Economic growth is slowing, but NRF Chief Economist Jack Kleinhenz says consumers remain financially healthy.
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Monthly Economic Review: July 2022
 
Pumping gas
Recession unlikely in 2022 as consumer outlook remains favorable.
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Tractor Supply Co.: Optimizing the supply chain for ‘Life Out Here’
 
Tractor Supply's Hal Lawton speaks at NRF Supply Chain 360
NRF Supply Chain 360: CEO Hal Lawton on supporting customers, reducing emissions and defining product priorities.
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