Shoppers out despite financial woes - New York News

Last minute shoppers hit stores on Christmas Eve despite financial woes

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CHICAGO (FOX 32 News) -

The last minute dash to catch a deal the Sunday before Christmas was clouded with concerns about the economy for some holiday shoppers.

"The economy is not doing so well," said Albano Latifi, of Elmwood Park. "If you're preparing for tax hikes and stuff like that, fiscal cliffs, you have to save in order to spend on those taxes once they do come."

The sounds of the holiday shopping season were drowned out by concerns about the possibility of tax increases, spending cuts and still no deal in Washington.

Yet despite the looming fiscal cliff droves of shoppers decked the aisles.

"I got some jewelry from Tiffany's, I got some shoes, some perfume and stuff like that for everyone and family," Latifi said.

He said he saw more discount sales this year at Old Orchard Mall in Skokie.

And in Chicago's Loop, other shoppers took to retail stores like Target.

"I actually got a handheld massager for $16.99, which is going to my mom," Tamara Jones, of Chicago, said. "I got a Brita filter for someone, so there's definitely some deals if you look hard enough."

Big deals at the big box stores attracted swarms of holiday shoppers. That's despite new research from Bankrate.com that says one in three Americans has cut back on personal spending in the past month due to looming uncertainty.

"I definitely take more consideration into the things that I do purchase," Jones said. "The fiscal cliff is something that is in the back of my mind, but I just try to shop smart regardless of what's going on economically."

At the Macy's downtown, tourist Katie Dowd said she's doing her part to boost the economy and holiday cheer, despite financial concerns.

"I think it's definitely busier and for me personally, my job is going well," Dowd said. "So I'm happy to spend the money on my family and the ones I love."

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