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Holiday shopping season expected to decline



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It's difficult to spend money when you're not sure about your job. With the over-emphasis on budget cutting rather than jobs creation, this is going to be the new normal. Stupidity is certain in style these days in Washington.

A new forecast indicates that sales will likely not be as high as last year and that shoppers won't be hitting the stores as much.

Retail sales for the November and December period are expected to rise 3 percent during what is traditionally the most critical period of the year for retailers, according to the research firm ShopperTrak.

That would be below last year's 4.1 percent sales rise.


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