Faced with rising unemployment and a dismal stock market, consumers are spending less on holiday gifts this year. But the presents they’re buying may say even more about how Americans are coping with the economic slump.
“Christmas is already an introspective time, but it’s become even more so with the economy,” says Ken Nisch, chairman of the retail brand and design firm JGA. “People are re-evaluating Christmas, what’s in their heart and what’s under the tree.”
I’m making more gifts this year…warm and practical and fun things that will last! 😎