In our four-part blog series, RSM’s senior industry analysts explore back-to-school shopping trends and the impact on consumer businesses. Retailers will continue discounting through the back-to-school shopping season and beyond. Here’s why. Beginning the summer of 2022, both companies and investors ... READ MORE >
retail inventories
U.S. inventories are growing at twice the rate of sales
With demand remaining strong, middle market firms have been increasing their inventories during the current quarter, with just under a majority expecting to do so over the next six months, according to the RSM US Middle Market Business Index. Inventories are now growing at twice the rate of ... READ MORE >
Surprises in jobless claims and goods trade make up for decline in durable goods orders
Encouraging economic news came from the government's early release of data on Wednesday: Jobless claims dropped to 199,000 last week, the lowest since 1969, while the advance goods trade deficit narrowed significantly to $82.9 billion in October, led by a sharp rise in exports. The jobs data was a ... READ MORE >