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This was a record year: up 2% over last year, which itself was a record year. It is just that "2%" is a smaller increase than ever before. That is actually su
by anewaccountname 18y ago
This was a record year: up 2% over last year, which itself was a record year. It is just that "2%" is a smaller increase than ever before. That is actually surprising; last year everyone had huge, fake, bubble-wealth; this year they don't. And they still spent more.
- ojbyrne 18y agoIf you read the article, that 2.2% in the table was an early estimate - actual results are being described as down significantly (i.e. negative year over year).
- anewaccountname 18y agoGood catch; nonetheless, they aren't saying we're spending less on Christmas presents than we did in say, 1950.
- ojbyrne 18y agoThere's going to be some growth due to population increases.