Economists remain hopeful of an uptick in consumer spending during the upcoming holiday season. It’s generally held that an increase in consumer confidence will help further efforts for economic recovery. While the cash registers haven’t necessarily been clattering away at quite the rate which economists had hoped, there is certainly evidence that certain corporations are crossing a few items off of their shopping lists.
The acquisition of the NBC network by Comcast was one of the top stories this week. This acquisition will, no doubt, have an impact on the television industry that will take some time to be fully understood. For the time being, Federal regulators will certainly have an interest in what’s in Comcast’s shopping bag. There is still the potential that an equally large acquisition will occur in the food industry, as Kraft maintains its efforts to purchase chocolate maker Cadbury.
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