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CNBC.com | 25 Sep 2007 | 02:50 PM ET
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The latest CNBC Holiday Central survey shows most expect holiday spending to grow 1% to 3% this year, the the smallest annual increase since 2002.

With that in mind, CNBC asked the experts for their outlooks. Here is a sampling:

Blue Christmas... or Green?

Howard Davidowitz, chairman of Davidowitz & Associates, warns that "the consumer is sinking," and the consumer's "balance sheet...and psyche is gone." But Bill Martin, co-founder of ShopperTrak, is a "little more optimistic": he says consumers remain "resilient" and determined to buy. With CNBC's Dylan Ratigan.

Holiday Central Survey

CNBC's Steve Liesman breaks down the survey results -- and what it might reflect in real spending terms.

Must-Have Gadgets

Microsoft's newly released Halo 3 videogame may zap Nintendo and Sony this holiday season, says Brian Cooley, editor-at-large at CNET.com. With CNBC's Carl Quintanilla and Tech Check blogger Jim Goldman.

Mega Holiday Businesses
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