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Americans expected to break holiday spending record, despite inflation, economic uncertainty: Report

Americans expected to break holiday spending record, despite inflation, economic uncertainty: Report

Americans expected to break holiday spending record, despite inflation, economic uncertainty: Report 150 150 admin

Despite rising inflation and economic uncertainty, Americans are expected to spend a record amount this holiday season. The National Retail Federation’s annual holiday forecast estimates Americans will spend more than $1 trillion in November and December. Mark Matthews, chief economist and executive director of research at the National Retail Federation, joins “The Daily Report” to discuss.
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