Each month, NRF reviews the state of the U.S. economy, including consumer sentiment, employment, housing, retail sales and other leading economic indicators.

Monthly Economic Review: September 2024
With economy on the cusp of a soft Landing, it’s time for a fed rate cut.

Economy ‘On the Cusp’ of a Soft Landing
The United States appears to have dodged a recession, NRF Chief Economist Jack Kleinhenz says.
Read more

Monthly Economic Review: August 2024
Economy more resilient than expected but on track for soft landing.
Read more

Economy Still Growing, But Could be Slowing Enough for Fed to Lower Interest Rates This Year
The economy is still growing but appears to have slowed enough for the Fed to lower interest rates later this year.
Read more

Monthly Economic Review: July 2024
Tom Petty Was Right: Waiting is the Hardest Part
Read more

Economy is in ‘Critical Moment’ But Fed Has Time to Wait on Interest Rates
As inflation continues to ease and the Fed ponders when to lower interest rates, the nation is in a "critical moment."
Read more