Less Holiday Spending Likely Ahead
by Deirdre Blake
posted Nov 19 2013 7:31AM
This is the fourth year in a row where disposable incomes have only inched up a little and will probably affect our ability to shop 'til we drop this month.
October's government shutdown also played a role. IBIS World forecasts Thanksgiving and holiday gift spending to be weak, but Cyber Monday sales are expected to jump by double-digits.