We all know that the economy spinning downward and as I write this, the Dow just fell 9,000 as stocks extend declines. Christmas is coming, but parents are dealing with high prices for everyday items such as gas and food, and some have lost their jobs. If parents buy their children even just one less toy each this holiday season, retailers will feel the impact, experts say. So, let’s talk about it: How will the economy’s turmoil affect your toy buying this holiday season? Do you still plan on buying your kids or kids in the family toys, or are you going to resort to cheaper present ideas, like home-baked cookies and hand-me-downs?
According to an article written by the Baltimore Sun, analysts say shoppers will still buy toys this holiday but restrain spending in weak economy.
