Consumer Spending

NRF Increases Sales Forecast For 2018
NRF Increases Sales Forecast For 2018
August 13, 2018  |  Retail

With tax reform and other positive economic inputs, the National Retail Federation said that sales are expected to grow more than previously predicted. Retail sales...

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The Fed Used Swipe Data To Assess Economic Impact Of Storms
The Fed Used Swipe Data To Assess Economic Impact Of Storms
August 10, 2018  |  Economy

To determine the economic impact of the big storms that hit the U.S. in 2017, the Federal Reserve turned to First Data Corp.’s swipe information...

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Today In Data: Following The Spend To New Opportunities
Today In Data: Following The Spend To New Opportunities
August 10, 2018  |  Today In Data

When in doubt about what consumers or businesses want and need, follow the money. But look sharp, as banks and FIs everywhere are focused on moving...

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US Toy Industry Sales Grow To $7.9B After Toys R Us Closure
US Toy Industry Sales Grow To $7.9B After Toys R Us Closure
August 07, 2018  |  Retail

In the first half of 2018, sales in the U.S. toy industry rose by 7 percent to $7.9 billion. The increase occurred during the liquidation...

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215K Retail, Manufacturing Jobs Added In July
215K Retail, Manufacturing Jobs Added In July
August 06, 2018  |  Retail

While economists had predicted that hiring would slow this year, U.S. employers have been expanding their payrolls, adding an average of 215,000 jobs per month...

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Consumer Spending Increases In June Driven By Restaurants, Accommodations
Consumer Spending Increases In June Driven By Restaurants, Accommodations
July 31, 2018  |  Economy

Driven by spending at restaurants and on accommodations, U.S. consumer spending increased in June, setting the stage for a strong economy heading into the third...

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For eCommerce, The Magic Button (Almost) In Sight
For eCommerce, The Magic Button (Almost) In Sight
July 31, 2018  |  eCommerce

For eCommerce, the Magic Button (Almost) In Sight In eCommerce, what’s the panacea – the cure-all for all transactional ills? Or, in this case, friction? The kind...

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Magic Beans (No, Not Really) Help Quicken US Economic Growth In 2Q
Magic Beans (No, Not Really) Help Quicken US Economic Growth In 2Q
July 27, 2018  |  Economy

Economic growth? It all amounts to a hill of beans. A really big hill of beans. Okay, we’re not being literal. But the economic data...

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JCPenney Seeks To Bring Moms Into Its Stores
JCPenney Seeks To Bring Moms Into Its Stores
July 26, 2018  |  Retail

As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had...

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