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higher consumer spendingCBS News
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82% Informative
Consumers are expected to spend 7% more in 2024 than they did in 2023 , according to BofA Securities' holiday spending forecast.
The National Retail Federation also anticipates an uptick in consumer spending this year compared with last year .
Younger generations of shoppers will tap secondhand stores for gifts, says the NRF .
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89
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