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Seems the government shutdown is scaring off consumers.
The latest evidence of this sales projections for Halloween.
Fewer Americans plan to celebrate and those who are will be spending last.
According to The National Retail Federation Halloween spending will be down a billion dollars.
This translates to an average of about 479 less per person the holiday comes as people are generally uncertain or pessimistic about the economy.
Consumer confidence fell down when the government shut down.
And according to a Gallup survey two thirds think the US economy is on the decline the retail industry looks to Halloween sales for clues about their biggest time of the year.
Here's the thinking.
If consumers get giddy with goblins and -- they'll also be excited about Black Friday and retailers have a lot of merchandise to move -- All selling season holiday season is really gonna take a -- Because we had of course summer season and we jammed the -- went back to school -- that didn't sell.
And now we're trying to get rid lows in hopes to bring in Christmas stuff the extra inventory filing apple -- extra savings for you -- Christmas comes around.
They're gonna slash everything just -- am so.
-- -- -- -- The latest numbers back this up.
The National Retail Federation predicts the average holiday shopper will spend 2% less than they did last year overall growth will be about 4%.
But a third of those surveyed -- Washington gridlock we'll make them less likely to open their wallets.
In New York Brenda Buttner Fox News.
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