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The Conference Board reported a slip in consumer confidence in October, and despite some measured improvement in how people feel about their current financial situation, the tracker said the decline in overall confidence could weigh on holiday spending.

While the third quarter brought lower sales and earnings for Hamilton Beach Brands Holding Co., the company reported  gradual business improvements as it adjusted to the effects of tariffs on its operation.

The National Retail Federation forecasts holiday-season sales growth between 3.7% and 4.2% from November 1 to December 31 compared to same period in 2024.