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Christmas

The economic event 'Christmas' in the USA refers to the holiday season, which is a critical period for consumer spending, particularly in retail. It measures the level of consumer confidence and economic health as people typically increase their spending on gifts, travel, and entertainment. This period is significant for the economy and financial markets as it can drive retail sales, influence GDP growth, and affect stock market performance, especially for retail and consumer goods companies. The holiday season's impact is closely watched by investors and policymakers as an indicator of economic vitality.