Communications Daily is a service of Warren Communications News.

Holiday Tech Spending to Grow More Slowly Than Overall Retail Sales

Tech spending will grow 3.1 percent to $36.05 billion during this holiday season, lower than the overall retail sales increase of 3.8 percent to $825 billion (excluding gas and restaurant sales), a CTA forecast said Tuesday. CTA estimates total online…

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holiday sales will grow by 16.4 percent to $84.2 billion.