While the economy is beginning to recover, unemployment is still high and money is still tight for millions of consumers. Normally that means a dip or dive in holiday spending. PriceGrabber.com just revealed a study that showed 53% of consumers planning to spend less on the holidays this year. Many (57%) intend to do this by removing acquaintances and co-workers (53%) from this year’s Christmas lists.
Filed under: Business Trends, Consumer observations
