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Pet costumes: The new consumer confidence indicator?
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This final note today, which can be filed one of two ways: Either this week’s sign the apocalypse us upon us, or, to judge by their spending habits, American consumers are feeling just fine, thank you very much.
From Bloomberg News, according to the National Retail Federation, Americans are going to spend $7 billion dollars this year on Halloween, and $330 million on Halloween costumes …
For our pets.
[Correction: an earlier version of this story said that Halloween pet costumes would total $7 billion in sales]
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