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Monday, December 24, 2012

Mood Muted During Last Holiday Shopping Weekend

Last-minute shoppers crowded into malls and stores to scoop up discounted clothing and toys during the last weekend before Christmas, but many didn't seem to be in the spending spirit.

This holiday season, Americans have a lot on their minds on top of the now familiar job worries.

Consumers in the Northeast and Mid-Atlantic, which account for 24 percent of retail sales nationwide, were tripped up by Superstorm Sandy. The storm hit in late October and disrupted businesses and households for several weeks.
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