The economic recovery may still be sluggish, but if retail sales from the beginning of this holiday shopping season are any indication, consumers are feeling a bit more confident about the future even with looming concerns about the “fiscal cliff”.
Black Friday weekend sales are estimated at $59 billion, up 12.8 percent from last year.
Still, for those of us who are looking to reign in expenses this holiday season, you may want to keep your hands firmly on the credit card for more than the obvious reason.
According to a study in the Journal of Consumer Research, consumers are more likely to purchase a product if they hold an object and imagine it as their own. It all has to do with what behavioral economists call haptics, the science of touch.

