U.S. holiday sales expected to rise less than last year: ShopperTrakDeloitte predicts a 10% increase in consumer Christmas spending this year vs last, in spite of the predicted lower gasoline prices.
I can't believe that gasoline sales basically control the retail numbers but that's how we've done it since way back when leaded gasoline was selling for $.29.9. Fun with numbers!
Looks like all the bad economic news can only be found on FOX and from the Ph.D's in economics at World Nut Daily.
By Jessica Wohl
Tue Sep 17, 2013 12:43am EDT
(Reuters)- Sales at U.S. stores are expected to climb less this holiday season than in recent years as consumers remain cautious during a slow economic recovery, a forecast released Tuesday by research firm ShopperTrak showed.