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Consumers in a Frugal Holiday Mood, The Conference Board Reports

NEW YORK, Nov. 23 /PRNewswire/ -- U.S. households are expected to spend an average of $390 on Christmas gifts this holiday season, down from last year's estimate of $418, The Conference Board reports today. The survey of Christmas gift spending intentions covers a nationally representative sample of 5,000 U.S. households. It was conducted for The Conference Board in November by TNS,...