U.S. Economy Rides a Strong 2024 Finish Into New YearGross domestic product is expected to grow between 2% and 2.5% this year. Credit Card Fees Could Add $20B-Plus to Holiday Spending TabConsumers are expected to spend an average of $902 during the November-December holiday season, according to the National Retail Federation. Putting a Premium on Value Convenience store shoppers are looking for more ways to stretch a dollar. Retailers Are Optimistic New Open Banking Rules Could Alleviate Swipe Fee Issue The Personal Financial Data Rights Rule would require banks to freely share data on bank accounts, credit cards and other financial products. NRF Creates Conflict Training Program to Help Frontline Retail Workers The de-escalation course was created in partnership with the Crisis Prevention Institute. NRF: U.S. Economy Heading Toward a 'Soft Landing' With inflation cooling and interest rates expected to dip, the United States has likely avoided a recession. NRF: U.S. Economy Appears Resilient as Nation Faces 'Critical Moment' Fast economic growth and low unemployment would cause an increase in inflation. Retailers Ask Judge to Reject Swipe Fee Settlement National Retail Federation calls proposed temporary reduction in fees "a drop in the bucket." Three Factors Drove Consumer Spending in March However, rising prices for services remains a problem. Inflation Will Continue to Play Pivotal Role in 2024 All eyes are on the consumer as the Federal Reserve considers moves around interest rates. 1 2 3 4 5 Next Last
