"Often when the environment is very pinched at home, you may cut back on that second vacation but what you want to do is still keep your children entertained, you still want to keep them growing – so toys are not really one of those things where you see a pull-back," Goodwin said.
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Lego announced sales jumped 11 percent in the first six months of this year to just over $2 billion, fueled by the release of The Lego Movie, making the Danish brick builder the largest toy maker in the world for the first time. The boost from the film propelled Lego past Barbie maker Mattel.
The International Monetary Fund (IMF) downgraded its outlook for global economic growth on Tuesday, citing persistent weakness in the euro zone and a broad slowdown in several major emerging markets.
The IMF said it expects the global economy to grow by 3.8 percent next year, down from its July forecast of 4 percent.
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At the same time, the National Retail Federation forecast U.S. retail sales in November and December are set to grow by 4.1 percent, up from 2013's actual 3.1 percent increase over the same period.