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Holiday spending expected to decline; AI boom drives TSMC profit; Manufacturing activity drops

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Americans expect to spend slightly less this holiday season than last year’s record level, according to an annual consumer survey released by the National Retail Federation trade group. (Getty Images)
Americans expect to spend slightly less this holiday season than last year’s record level, according to an annual consumer survey released by the National Retail Federation trade group. (Getty Images)
CoStar News
October 16, 2025 | 10:21 P.M.

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News | Holiday spending expected to decline; AI boom drives TSMC profit; Manufacturing activity drops