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The Independent UK
The Independent UK
World
Io Dodds

Black Friday spending expected to tumble by 4% as shoppers tighten their belts amid economic woes

Americans are planning to spend less money in Black Friday and Cyber Monday sales this year as the nation's economic outlook grows gloomier, new research suggests.

A survey by the accountancy and business consulting giant Deloitte this month found that U.S. consumers expected to spend an average of $622 in the four days starting on Thanksgiving, compared to $650 last year.

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