Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.
NRF Economist Says U.S. Recession Unlikely
A recession is unlikely and the economy should see slight growth in 2023, NRF Chief Economist Jack Kleinhenz says.
Monthly Economic Review: February 2023
Sluggish growth expected in 2023.
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Monthly Economic Review: January 2023
Fed seeks balance between inflation and interest rates to avoid recession in New Year.
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Inflation vs. Interest Rates Key to Avoiding Recession
It’s too soon to say whether the Fed’s efforts to lower inflation will lead to a recession, but they increase the odds.
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GDP Growth is Slower But Consumer Spending Remains Positive
GDP isn’t likely to grow as much in the fourth quarter as the third, but consumer spending should remain strong.
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Monthly Economic Review: December 2022
Economy holding up in late 2022 but slower as it moves to finish line.
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