It is only early October, but some of you are already into your Christmas shopping. Retailers are expecting that trend to continue.
The National Retail Federation says sales this Christmas season could between 4.3 and 4.8% higher than last year. Lone Star College economist Hank Lewis says this is a sign of the Trump economy at work.
“The tax cuts have been giving people on average about $50-$100 more per paycheck every month. That is going to pay off for retailers,” Lewis explained.
Shopping expert Trae Bodge tells KTRH that even though some costs are higher this year, there are bargains to be found.
“Retailers are doing things to keep prices low; cutting corners in other places. I do think there will be bargains. They may not be as big as last year, but we will have to see about that,” Bodge explained.
Bodge says that among the hot items this year include accessories for tech, and tech itself.