Lingering holiday balances are just one example of how economic uncertainty is hovering over the country this holiday season. Those still carrying debt are among the 61.7% of consumers who told the National Retail Federation that economic conditions would be making their holiday shopping a little less merry this year. Of that group, 81% will be spending less, 40.6% will be using coupons more often and 31.5% will forgo buying new holiday decorations this season. Let that dark, dead section of lights on your porch or in your apartment this year stand as a symbol of your shame.
--Written by Jason Notte in Boston.
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