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Many retail industry analysts predict a good holiday season

from Los Angeles Times

As retailers head into the all-important holiday season, they have reason to be optimistic: Months of solid sales are widely expected to carry through to the end of the year, when shoppers are most likely to open their wallets. Positive holiday performance could have a far-reaching effect. With consumer spending accounting for about 70 percent of the nation's economic activity, robust sales could breathe life into what has been a sluggish year so far for the broader economy. more

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