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escapist entertainment

Holiday Shopping 2012: How Good an Economic Bellwether?

Going to the Mall, the Movies (& McDonald’s) With Black Friday (and Cyber Monday) rapidly approaching, much attention is now focused on how robust consumer spending will be. The premise is that holiday shopping reflects consumers’ moods (and pocketbooks) — and therefore is an accurate gauge (if not harbinger) of the economy’s strength. But what if...
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