NEW YORK — The economy will gradually pick up steam throughout 2008 and will not slip into a recession, thanks to stimuli from the government, the National Retail Federation predicted at a press conference here yesterday. “Interest-rate cuts and an economic stimulus package from the federal government should help things in the second half,” said Rosalind Wells, the chief economist for the NRF. She said retail sales would slow to about 3.2% growth in the first half of the year but pick up to ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.