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Whelan says upcoming holidays will be expensive

Retail sales increased in October with 20% of shoppers over-buying gifts to account for supply-chain issues.

“Retailers are expecting November and December sales to be up 10%,” said Dr. Christine Whelan, a clinical professor of consumer science at the University of Wisconsin-Madison. “That is a lot in the family budget and it’s going to be an expensive holiday ahead.”

Read the full article at: https://www1.cbn.com/cbnnews/us/2021/november/as-thanksgiving-approaches-will-rising-costs-supply-chain-issues-spoil-the-holidays