PRESS RELEASE: In Turnaround, 2003 Charitable Giving Outpaced Holiday Spending

PRESS RELEASE: In Turnaround, 2003 Charitable Giving Outpaced Holiday Spending: "In Turnaround, 2003 Charitable Giving Outpaced Holiday Spending
In a major change from 2002, Americans spent more last year on charity than they did on holiday gifts. Holiday retail sales for November and December 2003 in the general merchandise category totaled roughly $217 billion, according to the National Retail Federation. Charitable giving for 2003 topped $240 billion.
(PRWEB) October 25, 2004 -- �Because Americans had been spending more on holiday gifts than they gave to charity in an entire year - I started the Holiday For Charity program in 2002,� says Harry Hoover, managing principal of Hoover ink PR. �Perhaps in some small way, the program made a difference. I hope that people will continue to give to charity as they did last year, and my Holiday For Charity program provides easy ways to help the less fortunate.�"