Americans are concerned about tariffs, inflation and the long-running federal government shutdown — and they're pickier about how they shop — but they'll still spend a record amount of money this holiday season, according to a retail trade group.
Nationwide, holiday retail sales are expected to exceed $1 trillion for the first time, according to the National Retail Federation's forecast released Thursday. Some Long Island shoppers, however, said they plan to cut back on holiday spending this year.
Nationwide, consumers are cautious while "fundamentally strong," said Matthew Shay, president and CEO of the Washington, D.C.-based trade group.
Consumers are "sharing with us their attitudes and their sentiments, which … by historic standards, continue to be very, very low," Shay told journal

Newsday

Local News in Massachusetts
Associated Press US News
Raw Story
Local News in Florida
Local News in New York
Associated Press US and World News Video
The Federick News-Post
The Babylon Bee
AlterNet