By  on October 9, 2012

Consumers’ holiday shopping budgets are likely to expand for 2012, although the loosening of the purse strings might be put on hold until after Election Day.

According to The NPD Group’s 11th annual holiday survey, the percentage of consumers intending to spend more this year than last rose to 10 percent from 9 percent a year ago. The shifts were larger among those who plan to spend the same — up to 67 percent from 64 percent in 2011 — and those who plan to spend less — down to 23 percent from 27 percent.

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