nrf
Tariffs imposed by President Donald Trump have not yet led the U.S. into a recession, but worries over the economy are widespread and growing despite continued job and income gains, National Retail Federation Chief Economist Jack Kleinhenz said May 7.
“The possibility of a U.S. recession in the near future has increased due to rising trade tensions and other economic factors, but it hasn’t happened yet,” Kleinhenz said. A set of ...
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Retail sales in March snapped a two-month series of declines, but those gains were moderate, as consumers continued to anguish over rising tariffs, according to the CNBC/NRF Retail Monitor, the National Retail Federation said April 14.
The improved spending “came before the president’s ‘Liberation Day’ tariff announcement,” said Matthew Shay, NRF ...
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