A ''Real'' Look at Gallup's Holiday Spending Survey
From dshort.com - Advisor Perspectives
November 21, 2012 - 1:53pm
Nov 21, 2012 Doug Short Earlier today Gallup released its latest survey on holiday spending plans. The title of the article nicely summarizes their findings: U.S. Christmas Spending Intentions on Pace With 2011. The Gallup chart accompanying the piece shows the spending estimates for the same week all the way back to 1999. Of course, over the 14-year time frame, the value of the dollar has shrunk considerably. If you adjust for inflation using the Consumer Price Index, that November 1999 dollar is worth about 73 cents today.More...
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