On Christmas Day, many Americans suffer from hangovers after a month or more of marching through malls, pouring over catalogues and spending a lot of money. If you're feeling guilty today about the commercialism and the hype, that battle probably was lost long ago. So consider instead what the Christmas season means to America's economy.
The Business of Christmas
Credits
Guest:
- Jack Kyser - Founding Economist, LAEDC's Kyser Center for Economic Research