Oct
Is Recession Over In the US, as the Holiday Season Dawns?
Recession seems to be over and done with for more than half of Americans who were recently surveyed. They plan to spend more during the end-of-year holidays this year compared to 2008 as concerns about the economy subside.
The projected spending boost at Christmas, Hannukah and Kwanza won’t come from more or more expensive gifts, but rather from spending on items like entertainment and home decoration, which traditionally account for a smaller portion of the holiday budget, said the …
