Scott Horsley
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Only the wealthy are likely to splurge on non-essential goods.
Nevertheless, the National Retail Federation projects holiday sales will reach a trillion dollars for the first time this year.
We'll get some hard-spending data on Tuesday when the Commerce Department delivers a long-overdue report on retail and restaurant sales.
That report, like many others, was held up by the government shutdown, and it's already somewhat out of date, covering the month of September.
Markets will be closed on Thursday for the Thanksgiving holiday, and Friday's trading will end early.
Scott Horsley, NPR News, Washington.
As the holiday shopping season shifts into high gear, retailers have been reporting that most shoppers are cautious about their spending.
Only the wealthy are likely to splurge on non-essential goods.
Nevertheless, the National Retail Federation projects holiday sales will reach a trillion dollars for the first time this year.
We'll get some hard-spending data on Tuesday when the Commerce Department delivers a long-overdue report on retail and restaurant sales.
That report, like many others, was held up by the government shutdown, and it's already somewhat out of date, covering the month of September.
Markets will be closed on Thursday for the Thanksgiving holiday, and Friday's trading will end early.
Scott Horsley, NPR News, Washington.
As the holiday shopping season shifts into high gear, retailers have been reporting that most shoppers are cautious about their spending.
Only the wealthy are likely to splurge on non-essential goods.
Nevertheless, the National Retail Federation projects holiday sales will reach a trillion dollars for the first time this year.
We'll get some hard-spending data on Tuesday when the Commerce Department delivers a long-overdue report on retail and restaurant sales.
That report, like many others, was held up by the government shutdown, and it's already somewhat out of date, covering the month of September.
Markets will be closed on Thursday for the Thanksgiving holiday, and Friday's trading will end early.
Scott Horsley, NPR News, Washington.