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Retail sales remain strong, consumers are still spending and yet economic anxiety continues to dominate headlines. NRF Chief Economist Mark Mathews joins Retail Gets Real to unpack the contradictions shaping today’s economy, from record-low consumer sentiment to resilient retail performance.
(00:00:00) Why consumers keep spending despite economic anxiety
(00:05:17) Why family spending stays strong during economic pressure
(00:07:03) What the K-shaped economy actually means
(00:09:15) How retailers are adapting to a new generation of consumers
(00:11:11) Why retail remains one of the most misunderstood industries
(00:15:23) What makes a great economist
The National Retail Federation is the world’s largest retail trade association.
Every day, we passionately stand up for the people, policies and ideas that help retail succeed.
Resources:
• Become an NRF member and join the world’s largest retail trade association
• Learn about our retail education platform, NRF Foundation, at nrffoundation.org
• Learn about retail advocacy at nrf.com/advocacy
• Find more episodes at retailgetsreal.com
Related:
• 387: Behind the data: Insights from NRF’s top economists
• 400: How retail navigated uncertainty and transformation in 2025
• 397: What’s driving holiday shopping in 2025
By National Retail Federation4.5
8484 ratings
Retail sales remain strong, consumers are still spending and yet economic anxiety continues to dominate headlines. NRF Chief Economist Mark Mathews joins Retail Gets Real to unpack the contradictions shaping today’s economy, from record-low consumer sentiment to resilient retail performance.
(00:00:00) Why consumers keep spending despite economic anxiety
(00:05:17) Why family spending stays strong during economic pressure
(00:07:03) What the K-shaped economy actually means
(00:09:15) How retailers are adapting to a new generation of consumers
(00:11:11) Why retail remains one of the most misunderstood industries
(00:15:23) What makes a great economist
The National Retail Federation is the world’s largest retail trade association.
Every day, we passionately stand up for the people, policies and ideas that help retail succeed.
Resources:
• Become an NRF member and join the world’s largest retail trade association
• Learn about our retail education platform, NRF Foundation, at nrffoundation.org
• Learn about retail advocacy at nrf.com/advocacy
• Find more episodes at retailgetsreal.com
Related:
• 387: Behind the data: Insights from NRF’s top economists
• 400: How retail navigated uncertainty and transformation in 2025
• 397: What’s driving holiday shopping in 2025

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