Wednesday, December 08, 2004

'Tis the Season

This article tells of the sales that took place on the Friday after Thanksgiving this year. It is stated that advertising has begun to slightly increase the sales in the past few years. Sales are higher so far this year than at this point in the past three years. The economy is in the process of recovering from its fall after the terrorist attacks, but has the economy recovered so much that people can once again afford to spend A LOT of money on gifts this year?? Or have people adapted the the declining economy and learned how to make their budgets stretch so that they can spend during the Holidays??

I think it is a combonation of the two. The economy is recovering therefore enabling those people that are employed to have money to put back into the economy. But, since people are still struggling, they have had to adapt by making sacrifices during the year. This gives them more money to spend when they are feeling the holiday spirit. Stretching the money that is put back into the economy makes for a better holiday season for buisnesses, gift givers and gift receivers.

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