Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Interviewed on FoxNews Segment "Holiday Shopping and What it Means for the Economy"
In the interview, Mr. Friedman said, “I think the consumer is still very nervous. We have an election year coming up. We have a major deficit problem to deal with.”
Additionally, Mr. Friedman said, “I think until there is some certainty of where the country is going economically I think there is going to be a holdback by the consumer.”