Wednesday, December 26, 2012

The Full Feed from HuffingtonPost.com: Holiday Shopping: U.S. Consumers Spent Cautiously This Year, Disappointing Retailers

The Full Feed from HuffingtonPost.com
The Full Feed from HuffingtonPost.com
Holiday Shopping: U.S. Consumers Spent Cautiously This Year, Disappointing Retailers
Dec 26th 2012, 09:31

WASHINGTON -- U.S. shoppers spent cautiously this holiday season, a disappointment for retailers who slashed prices to lure people into stores and now must hope for a post-Christmas burst of spending.

Sales of electronics, clothing, jewelry and home goods in the two months before Christmas increased 0.7 percent compared with last year, according to the MasterCard Advisors SpendingPulse report.


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