Holidays could boost retail sales this year

Holidays could boost retail sales this year (Added: November 16, 2009)

There is good news for retailers looking to rack up sales before the holidays. (more)

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Holidays could boost retail sales this year

There is good news for retailers looking to rack up sales before the holidays.

By: Amy Kibler | WNCT-On Your Side
Published: November 16, 2009

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There is good news for retailers looking to rack up sales before the holidays.
Retail sales jumped nearly 1.5 percent last month, which is almost half a percentage point higher than expected.
The boost is being credited to higher car sales.
Economists are closely monitoring consumer spending and saying it's a sign of recovery from the debilitating recession.
But there is some bad news for big U.S. charities.
A new survey says only 38 percent of Americans say they are more likely to give charitable gifts as presents this year.
That number is down from nearly 50 percent last year.

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