Wells Fargo & Co. (NYSE: WFC) predicts holiday spending will be up this season. Wells Fargo Securities, the bank’s capital markets and investment banking division, published its annual Holiday Sales Outlook Friday. Economists predict a 3.4% increase in spending this holiday season. “Economic conditions and consumer confidence continue to improve as we head into the holiday shopping season,” said economist Michael Brown. “The National Retail Federation’s holiday spending survey found that… ......
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