Business news for Mon, 24 Dec 2007 & with words drop+spending. 2 news.

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15:08 Report: Holiday spending looks far from merry

HoustonChronicle.com -- Business

Analysts have watched this retail season nervously, concerned that the housing bust and subsequent credit crunch would prompt a drop in consumer spending.

12:00 Retailers hit by downturn as shoppers drop by 3.2%

IrishExaminer.com - Business

RETAILERS are facing their bleakest Christmas trade in years with fewer shoppers coming through the doors and predictions of lower spending.