|Published:||Nov 15, 2012 11:16 AM EST|
|Updated:||Nov 15, 2012 11:16 AM EST|
TALLAHASSEE, Fla. (AP) - Florida's storekeepers are expecting a bountiful holiday shopping season.
The Florida Retail Federation on Thursday predicted a 5.2 percent increase in sales for November and December compared to the same period last year.
That translates to $58 billion in consumer spending, or a $3 billion increase over the two-month holiday season in 2011. Retailers also expect to hire 42,000 holiday season workers.
The federation basis its prediction in part on U.S. Department of Commerce figures that show the American economy is growing faster than had been expected.
They also note Internet and other electronic sales are at an all-time high and there's a pent-up demand for discretionary items and self-gifts.
An early Thanksgiving this year also means two extra shopping days compared to last year.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Hostage situation ends in house fire, man found dead inside
- Defense releases photos, texts of Trayvon Martin
- Ft. Myers man dies in New Jersey crash, wife critically hurt
- Vehicles flee the scene after seriously injuring pedestrian
- FWC relocates largest black bear captured in Fla.
- LCSO: Hohensee died from self-inflicted gun shot wound
- CCSO searches for missing 23 y/o Golden Gate woman
- A look at the dangers of riding a motorcycle
- Man finds drugs in a safe in front of his Pt. Charlotte home
- Crash with injuries on Veterans at Chiquita blocks traffic