Nov. shopping surge spurs higher holiday outlook

In this Nov. 26, 2010 photo, shoppers take advantage of sales while shopping at the Pentagon City Mall in Arlington, Va. Shoppers holding out for 80 percent discounts as they finish up their holiday buying will again be disappointed, but unlike last year, they'll still be able to get what they want. (AP Photo/Susan Walsh)

December 15, 2010 9:04:54 AM PST
A bigger-than-expected surge in holiday spending in November led a prominent research firm to raise its forecast for the season for the second time in a matter of weeks.

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