New Tariffs Will Hurt Consumers, Retail Trade Groups SayTop officials with the NRF and FMI also express concerns about the impact the import tax will have on small businesses NRF Sees 2025 Retail Growth In-Line With Pre-Pandemic AveragesThe annual forecast calls for an increase of between 2.7% and 3.7% Tariff Concerns Continue Driving Import Growth The National Retail Federation's monthly Port Tracker forecasts a busy spring at U.S. ports. Retail Sales Slow In February Despite the decline in month-over-month sales, retail spending was up in the year's second month when compared to 2024. Following A Strong 2024, Concerns Over The U.S. Economy Rising In a new report, the National Retail Federation's chief economist said there are concerns about downside risks in the U.S. economy Retail Sales Slow To Start 2025 Continued consumer concerns over prices were seen as a main reason for the slowdown in January. Tariff Concerns Keeping U.S. Ports Busy Experts expect import levels to stay strong in the coming months as retailers work to stay ahead of the extra costs they would pay if additional tariffs are put in place. Trade Groups Express Concern Over Tariffs Officials representing retailers and manufacturers said the move by the Trump administration could harm businesses and consumers. Holiday Retail Sales Hit New Record Officials with the National Retail Federation note consumer spending during the holidays returned to pre-pandemic levels. Shift In Calendar Gives December Retail Sales A Boost Several key segments, including online and apparel, saw strong gains in the year's final month. 1 2 3 4 5 Next Last
