Tuesday, December 25, 2007

Joy to the World


According to PNC's Christmas Price Index, the of cost the Twelve Days of Christmas, like cost almost everything (except flat screen TVs) has gone up this year.




Despite rising inflation, recession fears, and a world-class credit crunch, US consumers did their thing. Sales are reportedly on track to be up 3.6% over last year.


However, since the health of the global economy - not to mention the retail industry - is still depending on US consumers to shop, shop shop, this is a good thing.

So deck the halls, Santa's coming - and don't forget the chestnuts (in fact, better get two bags, just in case). God bless us, every one.

Wishing you a very Merry Christmas,

Sandie

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