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Holiday spending in decline this year

Shoppers carry bags down Fifth Avenue. (Julia Nikhinson/AP)
Shoppers carry bags down Fifth Avenue. (Julia Nikhinson/AP)

Despite industry projections to the contrary, there’s evidence that consumers may be tapping the brakes on holiday spending.

CBS News business analyst Jill Schlesinger explains why that matters for the economy and gives some tips on how to navigate the sales season.

This article was originally published on WBUR.org.

Copyright 2023 NPR. To see more, visit https://www.npr.org.

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