The $12 Billion Merch Moment
Promotional apparel is no longer simply a freebie – it’s
Global Markets | Feb. 16, 2025
UK consumer spending rose at the fastest pace in two years last month, helping to soothe concerns about the nation’s stagnant economic growth, two surveys show.
The US Fed has not indicated a clear path as to if, and when,it might cut rates again. Their latest forecasts from December suggested the committee viewed two cuts this year and two next was the most likely path forward.
U.S. inflation rose to 3% in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts.
US January headline retail sales were down 0.9% month-on-month while the control group that excludes the volatile autos, food service, building materials and gasoline and supposedly better tracks broader consumer trends fell 0.8%, per US Dept. of Commerce data.
Markets
Promotional apparel is no longer simply a freebie – it’s
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