IN THE NEWS: Reuters

“Frank Badillo, director of research at MacroSavvy, said he expected holiday sales growth to slow to 3.5 percent from 4.5 percent last year. Younger households, which have benefited most from recent job gains, are spending more on cars, restaurant meals and other non-retail items, he said.”

That’s the quote from the Reuters article on the holiday outlook. The full article is found here.

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