Though many consumers have yet to buy their Halloween pumpkins, analysts are already worrying about what shoppers will do come the holiday season. Electronics manufacturers and retailers are hoping that visions of music players and video games are starting to dance in consumers' -- and their children's -- heads. But with gasoline and oil prices spiking and consumer confidence ebbing in the wake of the recent hurricanes, some analysts are wondering whether consumers will have more pressing concerns. "This is a very tough year to project," says Jay McIntosh, Americas director of retail and consumer products at Ernst & Young. "If consumer confidence stays down, if you don't see rebuilding in the hurricane-affected areas and if you see early discounting by retailers , it could be a tough holiday season, with growth that will be lower than most retailers would like, at a price point that would hurt their margins." That's disappointing news to electronics makers and retailers that are hoping for a booming holiday season after a somewhat mixed season a year ago. As with most consumer industries, the holiday season accounts for the lion's share of sales. Some analysts see signs of strong sales this year. Electronics Boutique ( ELBO) and other retailers are already reporting that they are sold out of their initial shipments of Microsoft's ( MSFT) upcoming Xbox 360 game console and are no longer taking preorders for the device. Meanwhile, the price of LCD televisions has started to fall below $1,000, a development that has the potential to greatly expand the market for the devices, says Craig Johnson, president of Customer Growth Partners, an industry research firm. "We see these things literally flying off the shelf," says Johnson. But bad news on the consumer front has also been abundant.