HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » STOCK MARKET WATCH -- Tue... » Reply #18
Introducing Discussionist: A new forum by the creators of DU

Response to Tansy_Gold (Original post)

Tue Sep 17, 2013, 07:23 AM

18. FIRM EXPECTS SLOWER HOLIDAY GROWTH IN 2013

http://hosted.ap.org/dynamic/stories/U/US_HOLIDAY_SALES_FORECAST?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2013-09-17-06-22-59

Coming off of a weak back-to-school shopping period, a research firm expects holiday sales growth will be slower this year during the crucial holiday season. Shoppers are also expected to visit fewer stores as they research purchases online.

Retail revenue in November and December should rise 2.4 percent during the biggest shopping period of the year, Chicago-based research firm ShopperTrak said Tuesday. That compares with a 3 percent increase in 2012 from 2011.

"Although the economy continues to recover slowly, consumers remain cautious about spending and are not ready to splurge," said ShopperTrak founder Bill Martin.

While the job picture has been improving in the U.S. and the turnaround in the housing market is gaining traction, the improvements have not been enough to sustain higher levels of spending for most Americans. Most continue to juggle tepid wage gains with a higher cost of living.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 41 replies Author Time Post
Tansy_Gold Sep 2013 OP
Demeter Sep 2013 #1
Demeter Sep 2013 #2
Demeter Sep 2013 #3
Demeter Sep 2013 #4
Demeter Sep 2013 #5
Demeter Sep 2013 #6
Demeter Sep 2013 #7
Ghost Dog Sep 2013 #10
AnneD Sep 2013 #28
xchrom Sep 2013 #8
xchrom Sep 2013 #9
xchrom Sep 2013 #11
Demeter Sep 2013 #19
Tansy_Gold Sep 2013 #33
Ghost Dog Sep 2013 #12
xchrom Sep 2013 #13
Demeter Sep 2013 #20
xchrom Sep 2013 #14
xchrom Sep 2013 #15
Demeter Sep 2013 #21
xchrom Sep 2013 #16
Demeter Sep 2013 #22
xchrom Sep 2013 #24
Ghost Dog Sep 2013 #41
xchrom Sep 2013 #17
LineReply FIRM EXPECTS SLOWER HOLIDAY GROWTH IN 2013
xchrom Sep 2013 #18
xchrom Sep 2013 #23
Demeter Sep 2013 #25
Demeter Sep 2013 #30
xchrom Sep 2013 #26
xchrom Sep 2013 #27
AnneD Sep 2013 #29
Demeter Sep 2013 #31
Demeter Sep 2013 #32
Demeter Sep 2013 #36
Demeter Sep 2013 #38
AnneD Sep 2013 #39
Hotler Sep 2013 #40
bread_and_roses Sep 2013 #34
Demeter Sep 2013 #35
Demeter Sep 2013 #37
Please login to view edit histories.