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Holiday shopping kicks off with inflation dampening spirits

Summary by Ground News
The U.S. job market remains strong, but inflation has taken a toll on shoppers. Many are reluctant to spend unless there is a big sale, trading down to cheaper stuff. The National Retail Federation expects holiday sales growth will slow to a range of 6% to 8%.

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Bias Distribution

  • 68% of the sources are Center
68% Center

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MY Northwest broke the news in Tacoma, United States on Thursday, November 24, 2022.
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