opinion
Let’s face it; Christmas couldn’t be a lousier time of year for the nation’s economy to bottom out. Then again, is there ever a good time for a recession? Yet it’s exactly because of the economic downslide that Christmas spending is expected to be down by almost 50 percent from what it was in 2007, according to the 23rd annual survey on holiday spending from the American Research Group Inc. Per the same random survey, mall traffic will see a definite drop, with 33.9 percent going less to enclosed malls.
