Holiday Sales Now Look Weaker Than Predicted Major retailers are lowering their December sales estimates. The glum development prompts some analysts to predict final totals will show the weakest holiday sales gains since 1970. That's bad news for an economy struggling to break out of its slump. NPR's Chris Arnold reports.

Holiday Sales Now Look Weaker Than Predicted

Holiday Sales Now Look Weaker Than Predicted

  • Download
  • <iframe src="https://www.npr.org/player/embed/893062/893063" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Major retailers are lowering their December sales estimates. The glum development prompts some analysts to predict final totals will show the weakest holiday sales gains since 1970. That's bad news for an economy struggling to break out of its slump. NPR's Chris Arnold reports.

Copyright © 2002 NPR. All rights reserved. Visit our website terms of use and permissions pages at www.npr.org for further information.

NPR transcripts are created on a rush deadline by an NPR contractor. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.