Wednesday, September 24, 2008
Grim Forecast for Holiday Retail Sales
Experts predict that holiday retail sales will be the weakest since the 1991 recession. Can we expect the same for end-of-year charitable giving? Or will donors be able to dig deep enough to support their favorite charities even if they can't afford to buy a gift for everyone on their holiday list? Or will they make an effort to incorporate philanthropy into their gift giving?