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'TIS The Season To Be Broke

"'Tis the season for retailers to be jolly if American consumers empty their wallets over the next three weeks. But how can we empty our wallets if our wallets are already empty?

Consumer confidence appears to have bounced back from the low brought on by the hurricanes and subsequently high gas prices. But it’s still below what it was before Katrina. And last week’s survey by the Conference Board showed something of a drop in shopper enthusiasm. Households say they intend to spend a bit less this holiday season than last."
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