Customers in the U.S. for the Christmas week to 24 percent less likely to go shopping, compared with last year, Bloomberg reported, citing data on the Chicago research firm ShopperTrak. Consumers do not even have attracted unprecedented discounts - for example, a network of Macy's and Saks offered 70 per cent discount on most goods.
The volume of sales fell by 5.3 percent. American consumers to refrain from purchases rising unemployment decreased incomes.
Reducing the activity of buyers in the pre-days with a maximum of 2003, which could lead to serious financial difficulties for retailers. Current Christmas holiday, according to the experts, could be the worst in 40 years in terms of sales.
According to previously published data from the Ministry of Commerce, consumer spending, amounting to more than two-thirds of U.S. GDP declined in the third quarter of 2008 to 3.8 percent. This decline was the largest since 1980.
Unemployment in the U.S. in November reached 6.7 percent, a maximum of 15 years. In the past month the number of jobs in the country declined by 533 thousand.
Thursday, December 25, 2008
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