1. How The Economy Has Affected Holiday Spending
... cut, priorities re-organized, and compromises made. And the crunch is perhaps brought even more sharply into focus during the holiday season, when the pressure to spend is at its highest. 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 ... 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 electronics and ...
- Word Count: 431
- Approx Pages: 2
- Has Bibliography