NewsCNBC Supply Chain Survey: The holiday spending outlook is sluggish… (is it, really?)

November 7, 2023by 0

CNBC reports:
As holiday shopping season begins, lack of big orders from retailers is the rule amid fears that consumer spending will be weak, according to a new CNBC Supply Chain Survey.
At CH Robinson, which serves 7,500 retailers, customers are generally being cautious, said Noah Hoffman, vice president for North American Surface Transportation, with inflation still an issue and ongoing uncertainty about the U.S. economy and risk of recession.
“The largest retailers are …

The post CNBC Supply Chain Survey: The holiday spending outlook is sluggish… (is it, really?) appeared first on The Loadstar.

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