U.S. consumers put shopping on hold in October following the back-to-school season.
MasterCard Advisors’ SpendingPulse, a data service, showed year-on-year declines in spending on items including flat-panel TVs and major appliances, The Associated Press reported.
The lull may continue until the Christmas shopping period begins after Thanksgiving.
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Continue reading Consumers Take Break from Shopping in October
Consumers Take Break from Shopping in October originally appeared on DailyFinance on Wed, 03 Nov 2010 07:44:00.
Filed Under: Company News, Technology, Economy, Retail