Holiday Shopping

By: Angie Casey
By: Angie Casey

Most Alabama holiday shoppers say they will
spend less on gifts this year and avoid debt.
A Press-Register/University of South Alabama poll found that
nearly three-quarters of those surveyed last week would not ring up
debt. Fifty-two percent said they would spend less. Forty percent
said they would spend about the same.
Only 4 percent said they would increase their shopping.
The poll had a margin of error of 5 percentage points.
Reduced spending is expected because of the nation's economic
slump.
According to the Alabama Retail Association, sales grew by only
one-half of 1 percent between December 2006 and 2007. Growth
averaged 5.9 percent a year between 2003 and 2006.


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