The holiday shopping season is what's really spooky today

People make purchases at the Black Thursday sale at the Toys 'R' Us store in Times Square November 22, 2012 in New York City.The store got a head start on the traditional Black Friday sales by opening their doors at 8pm on Thanksgiving night.

The Halloween parties may be full of Miley Cyrus impersonators and Daft Punk helmets tonight, but after the sugar high, there may be a reckoning for the U.S. economy. The advent of November brings the end-of-the year shopping season and some economists are worried about the mood. Among them is Diane Swonk, chief economist at Mesirow Financial in Chicago.

About the author

Diane Swonk is chief economist with Mesirow Financial, based in Chicago.


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