According to the National Retail Federation (NRF), December retail sales, which exclude automobiles, gas stations, and restaurants, decreased 0.9 percent seasonally adjusted month-to-month, and 4.6 percent unadjusted year-over-year. The significant drop in gasoline prices for the month of December brought down much of the month-to-month growth. [Read more...]
According to the National Retail Federation’s (NRF) 2014 Back-to-School Survey, conducted by Prosper Insights & Analytics, the average family with children in grades K-12 will spend $669.28 on apparel, shoes, supplies, and electronics. This is up 5 percent from a total spend of $634.78 last year, driven by increased demand for electronic items, as well as parents’ need to restock their children’s school supplies.
NRF broke down spending by grade, and according to the survey, the average family shopping for high school students will spend $682.99, while spending on middle school/junior high comes in a close second at $682.13. Parents with elementary school-age children will spend an average of $580.94. [Read more...]
According to the National Retail Federation (NRF), April retail industry sales (excluding automobiles, gas stations, and restaurants) increased 0.5 percent seasonally adjusted over March and 4.6 percent unadjusted year-over-year. Sales for March and April, the typical months for Easter purchases, increased 5.6 percent unadjusted over last year.
April statistics released by the U.S. Commerce Department show total retail sales (including non-general merchandise categories such as autos, gasoline stations, and restaurants) increased 0.4 percent seasonally adjusted over March and 9.3 percent unadjusted year-over-year.