WASHINGTON – U.S. holiday retail sales this year were the weakest since 2008, when the nation was in a deep recession. In 2012, the shopping season was disrupted by bad weather and consumers' rising uncertainty about the economy.
A report that tracks spending on popular holiday goods, the MasterCard Advisors SpendingPulse, said Tuesday that sales in the two months before Christmas increased 0.7 percent, compared with last year. Many analysts had expected holiday sales to grow 3 to 4 percent. ------ Shoppers were buffeted this year by a string of events that made them less likely to spend: Superstorm Sandy and other bad weather, the distraction of the presidential election and grief about the massacre of schoolchildren in Newtown, Connecticut. The numbers also show how Washington's current budget impasse is trickling down to Main Street and unsettling consumers.
Quote: Olivia wrote in post #1Shoppers were buffeted this year by a string of events that made them less likely to spend: Superstorm Sandy and other bad weather, the distraction of the presidential election and grief about the massacre of schoolchildren in Newtown, Connecticut....
How 'bout this one: Merchandisers finally got to the point where they were instructing shoppers to go out and buy stuff just because this is the season to buy stuff.
They found out the hard way that there has to be a better "reason for the season".
My twelve year old and I were talking about Hanukkah this year. I was explaining it to her. I was telling her that the game with the Dreidel was not Hanukkah. Hanukkah is the Festival of Lights.
To illustrate it better I asked her if we could still have Christmas if we didn't have presents, a tree, a turkey, decorations, Christmas cards, or carols. If we removed all of the "stuff" of Christmas and focused on the gift of Christ's birth, would we still have Christmas?
Her eyes lit up and she said, "I finally understand "How the Grinch Stole Christmas". He didn't! Christmas isn't the stuff! It's the celebration of Jesus' birth."
Shoppers have cut back, year after year. People have downsized their Christmas celebrations out of economic necessity. But maybe they have strengthened their connection to the true meaning of Christmas in doing so.
Orthodoxy SUCKS.
"I do not feel obliged to believe that the same God who has endowed us with senses, reason, and intellect has intended us to forgo their use and by some other means to give us knowledge which we can attain by them."- Galileo Galilei