With economic indicators signaling holiday spending growth in 2017, Jolly Ol’ St. Nick will be quite busy. We in the U.S. have been a resilient bunch. After years of shoring up family balance sheets in the wake of the financial crisis, Americans are saving at the lowest pace in nearly 10 years, an indication that consumers are more confident about making larger purchases and extending themselves from a risk standpoint. Further, consumer confidence has reached its highest levels in nearly 17 years and Americans remain upbeat about the prospects for business conditions over the next six months. And, no matter where and how people are buying, it is shaping up to be a strong spending season.
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