By  on October 15, 2008

The NPD Group Tuesday added to the growing body of evidence suggesting that holiday spending will decrease this year — or, at best, be flat.

The Port Washington, N.Y.-based market research firm, in a report subtitled “It’s Holiday on Sale,” said that, in a survey conducted last month, 26 percent of respondents expect to spend less this holiday, up from 18 percent last year.

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