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Holiday spending climbs as teen buys rise
Americans will spend about 29 billion on Christmas gifts this season, a five percent rise from last year. The Conference Board reports higher prices and incomes lifting 1986 spending, with New England households averaging 387 and higher earners over 400. Teen spending may top 2 billion as teen numbers shrink but outlays grow.
MENTIONED IN THIS ARTICLE
New York
Conference Board
U.S
Fabian Linden
Consumer Research Center
New England
Lake Forest
Ill
Grady Hauser