Post Due 11/30/10

This graph shows the estimated spending for Christmas gifts in November of each year. You can see the effects of the current recession on consumer spending since 2008. Between 2007 and 2008, spending dropped from $866 to $616. As you can see, since the drop in 2008 the average spending is in the rise again. Which is a good sign of pulling out of the recession. Something else i found interesting is that the 2007 number of $866 is the highest on the chart. And that just happens to be the year right before the recession. Interesting? I believe so.