The Higgins Report: Strong Medicine

October 12, 2022October 11, 2022 Joe Higgins economy, Higgins

A still vital economy augurs further rate hikes

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Consumers Still Spending Despite Economic Concerns

October 4, 2022October 5, 2022 Alan Wolf economy

Rate hikes, high inflation no deterrent to shopping, NRF says

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The Higgins Report: Confidence in Consumer Confidence

September 19, 2022September 19, 2022 Joe Higgins economy, industry

If Americans keep spending and the job market holds up, we might just avoid the ‘R’ word By Joe Higgins,

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The Higgins Report: What the Job Numbers Mean for Retail

September 8, 2022September 9, 2022 Joe Higgins economy, Higgins Report, job numbers

The data portends a slowing economy but continued strength for stores

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Consumers Still Shopping Despite Inflation

August 19, 2022August 22, 2022 Alan Wolf economy, inflation

Overall retail sales rose 10.3% in July.

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The Higgins Report: Gobs of Jobs

August 10, 2022August 9, 2022 Joe Higgins economy, Higgins

What do the July employment numbers really mean?

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How Independents are Beating the Box Stores

August 10, 2022August 9, 2022 Alan Wolf economy, industry, members

Small business experts weigh in on Main Street’s advantages

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We Bought a Lot of Stuff During COVID …

August 3, 2022August 3, 2022 YSN Contributor covid, economy, industry, Senex

The pace of purchasing during COVID was unsustainable

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Are We in a Recession?

July 31, 2022August 1, 2022 Joe Higgins economy, Higgins

It Depends on Who You Ask

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Less Certain About Recession

July 15, 2022July 14, 2022 Joe Higgins economy, industry

Last week’s strong jobs report bodes well for the economy

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Tariff Tussles Stoke Uncertainty… and a ray of Hope

September 19, 2019January 28, 2020 Joe Higgins economy

Tariffs and trade wars have been in the news for the past twelve months, and the consequent uncertainty has plagued economists, CEOs and small business owners alike.

What Goes Up: Following several quarters of accelerated sales, home goods bellwether Conn’s, with over 170 stores across 15 states, said a 13% decline in furniture and mattress revenue and a 25% decline in appliance sell-through contributed to an operating loss of $20 million within its retail segment for the three months ended April 30. Conns Inc.

Short Circuited: Best Buy’s sales and profits continued to deteriorate in the first quarter amid what the company described as an electronics recession, although it anticipates a rebound later this year or in 2024. StarTribune

If You Can’t Beat ’Em: Amazon said its independent sellers — which include ProSource members Abt Electronics, Walts TV and World Wide Stereo — collectively sold more than 4.1 billion products through its site last year, averaging more than $230,000 in sales. Amazon Small Business Empowerment Report