U.S. Holiday Retail Sales Predicted to Be Above Average | SupplyChainBrain

U.S. Holiday Retail Sales Predicted to Be Above Average

Appliance Magazine

November 5, 2012

Headwinds to consumer spending include uncertainty around the impending fiscal cliff, job growth, and slowing real disposable income, while the slow expansion of consumer credit should help to support some consumer spending.

Even with boost to retail sales in the fourth quarter, Wells Fargo said it expects real personal consumption expenditures to stay in the 2-percent percent range through the end of 2012.

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