U.S footwear trends suggest positive future for retail

The U.S. trade deficit surged to a record high in February 2021 as the nation’s economic activity rebounded faster than its global competitors following increased Covid-19 vaccinations and a US$1.9 trillion pandemic rescue package from government to boost domestic demand. This is supported by the Footwear Distributors and Retailers of America (FDRA) who has reported improved consumer confidence and statistics forecasting of in-store shopping habits.