NRF: Retail index up last month

WASHINGTON , D.C. — Retail executive see business looking up, according to the results of the February NRF Retail Executive Opinion Survey.

The National Retail Federation’s “Retail Sector Performance Index” (RSPI) rose 5.3 points to 55.6 in February after four straight months of declining numbers. The RSPI measures retail executives' evaluations of monthly sales, customer traffic, the average transaction per customer, employment, inventories and a six-month-ahead sales outlook expectation. The RSPI is based on a scale of 0.0-100.0 with 50.0 equaling normal.

According to the NRF, retail executives said that customer sales and traffic bounced back significantly last month, increasing the Current Demand Index by 13.8 points to 59.2. Pricing power also stabilized in February, the survey concluded, with the pricing index rising 15 points to 40.

The Demand Outlook (a six-month outlook for sales) rose to 55, a slight increase over January but significantly lower than the 68.8 reading in February 2004.

Home & Textiles Today Staff | News & Commentary

 Home Textiles Today is the market-leading brand covering the home and textiles markets, offering a comprehensive package of print and online products. Home & Textiles Today provides industry news, product trends and introductions, exclusive industry research, consumer data, store operations solutions, trade show news and much more.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!