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Retail Sales Down in Florida, Hurricanes to Blame?

A University of Florida study reports that consumer confidence in the state has reached an all time low because of fears about the Hurricane Katrina aftermath.

This in turn affects spending which reportedly plummeted in September.

President of the Georgia Retail Association John Heavner says the hurricanes may actually have increased spending in his state.

He believes the large number of evacuees in Georgia have helped sales continue to rise.


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