This Holiday Shopping Season May Be the Best in More Than a Decade
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Americans displayed their buying bona fides in the final run-up to Christmas, turning out in force to produce what may be the best holiday shopping season in years.
And why not? A nation that loves to spend has plenty to feel good about, with low unemployment and a robust stock market. The season’s tally should reach $671 billion, a “stellar” 5.5 percent increase from last year, according to Craig Johnson, head of research firm Customer Growth Partners. That would be the most since 2005, according to his calculations.