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ICSC: Holiday chain store sales to rise 3%
New York -- A holiday preview report released Tuesday by the International Council of Shopping Centers said that sales are forecasted to rise 3% during the traditional November-December 2012 holiday period.
Additionally, ICSC said it anticipates that the other two measures of U.S. industry holiday sales – shopping-center sales and GAFO-store sales – will increase slightly as well.
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Consumer Confidence Index increases in September
New York -- The Conference Board Consumer Confidence Index, which had declined in August, improved in September to 70.3 -- up from 61.3 in August.
The Expectations Index increased to 83.7 from 71.1. The Present Situation Index rose to 50.2 from 46.5 last month.