TODAY

TODAY   |  October 03, 2013

Government shutdown is Scrooge to holiday spending

The National Retail Federation fears that the longer the shutdown lasts, the slower sales will be during the upcoming holiday season. Consumers can expect promotions to come earlier than usual because there are fewer peak shopping days than last year.

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This content comes from Closed Captioning that was broadcast along with this program.

>> government shutdown may not be hurting job growth, but it might put a damper on holiday sales. the national retail federation expects a marginal increase of 3.9% in sales this holiday season compared to last year. they say the longer the shutdown lasts, the worse i.t. will get. consumers will expect earlier than usual shopping.