IE 11 is not supported. For an optimal experience visit our site on another browser.

Consumers likely to shop cautiously for toys%)

Experts say the turmoil in the financial markets could prompt some parents to cut back on spending in the holiday season.
/ Source: The Associated Press

Experts say the turmoil in the financial markets could prompt some parents to cut back on spending in the holiday season.

Consumers are already battling high food and gas costs and slumping job and housing markets. Analysts say they could be focusing this season on less-expensive toys and consider which toys will get the most use.

The National Retail Federation predicts holiday sales overall will rise 2.2 percent, the slowest growth since 2002. Experts predict the hottest toys will be items like the Bakugan trading card game popular with boys, interactive toys such as Elmo Live and gaming consoles like the Nintendo Wii.

In addition, there are five fewer shopping days between Thanksgiving and Christmas, compared to last year.

%@AP Links

GRAPHICSBANK 840157 (11/28/03)>> 2000x1500

Shopper carries toy while dragging bag of toys through mall, photo on black