NRF calls for 4.1 percent gain in 2014 retail sales

Consumer spending helps GDP post decent gains over the last two reported quarters.

Latest News

U.S.-NAFTA trade is up for sixth straight month, reports BTS
AAR reports annual U.S. carload and intermodal gains for week ending June 17
Digital Issue: The Current State of Third-Party Logistics Services
New JDA survey finds missing link to omni-channel success for manufacturers and retailers
FTR report makes the case for Twin 33-foot trailers in the LTL sector
More News

Latest Resource

Digital Issue: The Current State of Third-Party Logistics Services
It has become quite clear that logistics professionals are now facing an unprecedented set of challenges. From tightening capacity, to ongoing regulation hurdles, to the complexity brought on by e-commerce, today’s shippers are transforming the way they manage their logistics operations.
All Resources
By ·

Consumer spending—which represents roughly two-thirds of all economic activity—remains the linchpin of GDP growth, which happens to have shown decent gains over the last two reported quarters.

That said, the level of retail spending and related expectations is closely followed and analyzed by many. But perhaps the most telling is the National Retail Federation’s (NRF) annual economic forecast for 2014.

The NRF said last week that it expects 2014 retail sales, not including automobiles, gas stations, and restaurants, to head up 4.1% compared to 2013, which is ahead of the preliminary 2013 increase of 3.7% over 2012. And it also said that the fervent pace of e-commerce activity will continue, with a projected 9-to-12% increase in online sales.

Click here to read the full story on the Logistics Management website.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

Logistics · NRF · Retail · Retail Sales · All Topics
Latest Whitepaper
Digital Issue: The Current State of Third-Party Logistics Services
It has become quite clear that logistics professionals are now facing an unprecedented set of challenges. From tightening capacity, to ongoing regulation hurdles, to the complexity brought on by e-commerce, today’s shippers are transforming the way they manage their logistics operations.
Download Today!
From the June 2017 Issue
Here are five trends that every shipper­—and potential shipper—must watch as the demand for experienced logistics and supply chain professionals soars.
2017 Rail/Intermodal Roundtable: Volume stable, business steady
Cross-Border Logistics: NAFTA tune-up time
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Women in Logistics: Breaking Gender Roles to Win the War for Talent
In this session you'll hear from a panel of women who are now leading top-level logistics and supply chain operations. The panel will share their success stories as well as advice for women who are now making their way up the ladder.
Register Today!
EDITORS' PICKS
2017 Top 50 3PLs: Investment and Consolidation Maintain Traction
The trend set over the past few years for mergers and acquisitions has hardly subsided, and a fresh...
The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...

2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...
LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...