1. How The Economy Has Affected Holiday Spending
... . This year, predictions for holiday spending were very 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 ... be a very real threat to more and more of us. To help encourage spending and inject life back into the economy, the retail industry recently asked the government for tax holiday periods, periods during whi...
- Word Count: 431
- Approx Pages: 2
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