Holiday Sales Up More Than Expected

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Updated: 12/24/2011 7:28 pm
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.
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