Americans are spending more than predicted during the 2011 Christmas season.
The National Retail Federation originally predicted sales would go up 2.8% from 2010 to 2011. But on Christmas Eve, the federation revised that to 3.8%. It also predicted overall sales of $469 billion dollars during the holiday season, which runs from November first to December 31st.
Online sales were projected at almost $32 billion, a 15% increase from 2010.