Holiday spending remained strong despite challenges
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The final numbers for the holiday shopping season are still being finalized, but it appears the doom and gloom over inflation and interest rate hikes didn’t put a damper on gift giving.
The Greater Vernon Chamber of Commerce indicates different buy local campaigns had an impact on the holiday success for many retailers.
“The Christmas season appears to have been extremely positive, with many consumers out preparing for the season and spending even amidst concerns about inflation,” Dan Proulx, general manager of the chamber stated.
“Certainly, issues with the supply chain and labour shortage presented some challenges for businesses, but for the most part, shops and restaurants were busy as residents demonstrated their support for all things local,” Proulx added.
