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NEW YORK (CNN/Money) - Retailers are in for a treat this Halloween season.
Consumers are expected to spend $3.3 billion on Halloween, up 5.4 percent from last year, according to a survey conducted by the National Retail Federation. That's a far cry from the estimated $435.3 billion retailers are expected to rake in during the winter holidays, but it marks the start of the spending frenzy. ...full story here |
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This estimate sounds as if the retailers are HOPING that we will spend that much, not laying odds on it. I believe that consumers are going to be careful with spending, especially with the new US bankruptcy laws taking effect.
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