Are the Holiday Sales and Extended Store Hours Working?
GAINESVILLE - This holiday season, retailers set their expectations low in terms of profits and it looks like their predictions may be holding true.
After a weak shopping year, the sales and extended hours to get people in the door haven't helped that much.
But UF Economist Chris McCarty says it's not just the holiday season where profits have been low.
Chris McCarty, Director, UF's Survey Research Center: "Consumer spending has been relatively weak throughout the year…in November it spiked and that was because of auto sales."
Today the Florida Consumer Confidence report was released, the last one of 2013.
It shows people are just as confident in the economy this month as they were in November but it does show an increase from October during the partial government shutdown.
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