December 22, 2009
As Christmas draws near, consumers are much more optimistic than they were a year ago and job-market conditions are much improved from earlier in 2009. Still, consumers remain cautious, as self-reported consumer spending remains down 20% from last year’s depressed weekly comparables.
December 21, 2009
Twenty percent of Americans -- and a majority of would-be travelers -- say the economy is affecting their holiday travel plans. In response, they are either cutting back significantly on the cost of their trip or are not traveling this year, but say they would have traveled if the economy were better.
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