Holiday Sales Expected to Rise 3.7 Percent

Americans are expected to spend at a slower pace than last year during the crucial winter holidays, weighed down by sluggish wage growth and other factors, according to the nation's largest retail industry trade group. The National Retail Federation, based in Washington, D.C., predicts holiday spending will be up 3.7 percent to $630.5 billion, slower than the 4.1 percent increase during last year's November-December period. It would mark the first slowdown since 2012, when...

© La Voix de l'Amérique - jeudi 8 octobre 2015