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Retail Spending Unchanged in July
Retail sales were unchanged in July, holding steady at a seasonally adjusted 0.0% from June. Consumers are still spending at retailers but high inflation and low confidence has impacted the level of...
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Retail Sector Responds to Uncertainty
Retail hiring will likely be subdued this holiday season due to several factors. First, retail inventories have been steadily growing. Nominal inventories are especially elevated and rising rapidly –...
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The Great Labor Market Rebalancing
2022’s Labor Market: A Recap Last year’s labor market can be described succinctly as “unpredictable.” Some industries, like leisure and hospitality, experienced growth not seen since the post World...
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