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(Gallup) Americans Trimming Their Holiday Spending Plans

Posted on November 15, 2013 by Kendall Harmon

U.S. consumers now estimate they will spend $704 on Christmas gifts this season, down from their $786 average prediction in October. Americans’ latest estimate is also significantly below the $770 they forecasted at this time last year — a particularly worrisome sign for retailers.

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Posted in * Economics, Politics, * International News & Commentary, America/U.S.A., Consumer/consumer spending, Economy