Retail sales remain the heartbeat of consumer activity

//Retail sales remain the heartbeat of consumer activity

Retail sales remain the heartbeat of consumer activity

By | 2017-04-14T21:41:00+00:00 April 14th, 2017|feed news|Comments Off on Retail sales remain the heartbeat of consumer activity

It is well known that retail sales represent somewhere around two-thirds of all economic activity, and that U.S. retail sales contribute around 14 percent, or $2.6 trillion, to U.S. GDP. That is a major number and clearly cannot be overlooked, especially when looking at how closely connected retail and consumer activity is tied to the freight transportation and logistics sectors on so many fronts, including trucking, intermodal, parcel, ocean, air, and e-commerce.