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flag New Jersey saw a 4.2% drop in holiday spending in early October 2025 due to inflation and economic uncertainty.

flag New Jersey’s latest consumer spending data shows a decline in holiday-related purchases compared to last year, indicating that residents are spending less during the 2025 holiday season. flag The state’s Department of Treasury reported a 4.2% drop in retail sales during the first three weeks of October, citing ongoing economic uncertainty and higher prices for essentials. flag This trend aligns with national patterns of cautious consumer behavior amid inflation concerns and tighter household budgets.

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