1. How The Economy Has Affected Holiday Spending
... low, but analysts were surprised: Spending was actually even lower than expected. A division of MasterCard showed holiday spending this year was down by as much as 4% over the same period last year, making this year the worst holiday season for them in modern times. Even retail behemoths such as Gap experienced a drop in sales by close to 20 percent. Best Buy and other ... purchased, prices could come down, and therefore more goods would be purchases once the taxes were applied again. However, the problem with this system is that consumers, hungry to go shopping again, could easily run ...
- Word Count: 431
- Approx Pages: 2
- Has Bibliography