By Frances Mao · 19 October 2011 · Locked
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Consumers are saving at levels not seen since the 1980’s, leading the retail sector to brace for a dismal Christmas. In the current climate of lingering economic uncertainty, businesses are feeling increasingly cautious about the traditionally anticipated holiday boon.
Tags: Business Expectations Survey, Christmas consumer spending down, Christmas retail, Christmas sales, Christmas sales down, Christmas spending down, consumers saving more, Dun & Bradstreet