Thanksgiving is still weeks away, and already the media are predicting a not-so-Merry Christmas for retailers and the U.S. economy. Some journalists have even warned that slower consumer spending could result in economic recession. But gloomy holiday sales reporting is a theme in the media, going back to the 2006 and 2005 Christmas shopping seasons. Read on.
Wednesday, November 07, 2007
Thanksgiving is still weeks away, and already the media are predicting a not-so-Merry Christmas for retailers and the U.S. economy. Some journalists have even warned that slower consumer spending could result in economic recession. But gloomy holiday sales reporting is a theme in the media, going back to the 2006 and 2005 Christmas shopping seasons. Read on.
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