27-11-2016 22:28 via news.yahoo.com

U.S. shoppers spend less over holiday weekend amid discounting

By Nandita Bose CHICAGO (Reuters) - Early holiday promotions and a belief that deals will always be available took a toll on consumer spending over the Thanksgiving weekend as shoppers spent an average of 3.5 percent less than a year ago, the National Retail Federation said on Sunday. The NRF said its survey of 4,330 consumers, conducted on Friday and Saturday by research firm Prosper Insights & Analytics, showed that shoppers spent $289.19 over the four-day weekend through Sunday compared t
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