Holiday Retail Sales Projected To Be High

According to a report by Reuters and the University of Michigan, consumer sentiment is higher than it’s been since summer 2007.

In other words, people are as ready and willing to buy stuff as they were before the financial crisis – including stuff they don’t necessarily need, like decorative ghosts and turkeys.

NPR’s senior business editor Marilyn Geewax tells Here & Now’s Robin Young that high consumer sentiment, Halloween and Thanksgiving sales, and low gas prices indicate that this year’s holiday shopping season should be a big one.