Supreme Court ruling likely to negatively impact stores selling clothing, electronics.
But worries about possible recession persist.
Spending on health care is expected to continue to balloon for Americans over the next decade. In fact, health expenditures in the United States are projected...
Payrolls at city’s stores down by 45,000 since 2015.
But spending plans for autos, appliances rise slightly.
As a result, many are postponing purchases.
Sector led all industries with nearly 15,000 cuts for the month.
Current health of corporate and household balance sheets should limit economic slowdown, NRF Chief Economist Jack Kleinhenz said.
A Consumer Price Index nearing 9% is forcing business owners into tough decisions.
“The most recent research pegs the risk over the next year as about one in three, and it will be touch and go in 2023.”
47% of consumers blame inflation for “eroding their living standards.”
Pessimism also surrounds short-term business prospects, with 24.9% expecting conditions to worsen.
Groceries are now a major category online, expected to top $85 billion in sales in 2022.
Despite ongoing labor shortages, retail jobs beat February 2020 levels by 104,000 employees.
“When you’ve got more money to spend, you do have the ability to influence things, and China will have that ability.”
One in four consumers are reducing their living standards amid inflation fears.
Workers hold more leverage in today’s job market, and they’re using it.
And for the most part, they’ll pass on higher costs to shoppers.
Higher prices on food, rent blamed on supply chain issues.
Supply-chain pressures ramping up as the holiday season approaches
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