Shopping Fell During Week After Thanksgiving

The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.(Photo: Flickr)
The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.(Photo: Flickr)

A retail industry group says holiday shoppers pulled back after Thanksgiving weekend.

The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.

Gordon Gough at the Ohio Council of Retail Merchants says Ohio consumers are balancing holiday spending while facing some economic headwinds.

“Consumers over the last few years have been paying down debt, and although incomes in Ohio have fallen a little bit over the last few years, consumers have paid down quite a bit of debt, as so that’s opened up some discretionary income for them to spend.”

Gough says the council expects consumers to spend four percent more this holiday season compared to last year.

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