CBS Evening News top story - 2005-11-24 (Thanksgiving)

Channel: malgent

Transcript

Language: English (original, YouTube automatic captions)

[0:03] Along with Independence Day,

[0:05] Thanksgiving is the most truly American

[0:08] of holidays. And Americans everywhere in

[0:10] Bakersfield, in Birmingham, Boston, and

[0:13] Baghdad celebrated today in all the

[0:16] traditional ways. Trish Regan begins our

[0:18] coverage.

[0:24] >> The 79th Macy's Day Parade kicked off

[0:26] the holiday season in New York City

[0:28] today. So, you went to the parade?

[0:30] >> Yeah,

[0:30] >> it was fun.

[0:31] >> Yeah.

[0:32] >> But the fun almost turned tragic. A

[0:35] woman and an 11-year-old child were

[0:37] injured after a street lamp became

[0:39] entangled in balloon ropes and fell into

[0:41] the crowd.

[0:44] In Philadelphia, home to the oldest

[0:46] Thanksgiving parade in the country,

[0:48] things went more smoothly. And in

[0:50] Chicago, spectators braved cold and

[0:52] windy weather, but were spared the snow

[0:55] that plagued other states. Driving

[0:58] conditions in Detroit were treacherous,

[1:00] and holiday travelers in Ohio could see

[1:02] as much as 2 feet of snow. Cold weather

[1:05] in the east and an approaching storm

[1:07] along the West Coast are what many

[1:09] holiday shoppers will be waking up to.

[1:12] Tomorrow is Black Friday, the day many

[1:14] retailers count on to ring up nearly 10%

[1:17] of their yearly sales. Victoria

[1:20] Montagino is visiting New York City from

[1:22] New Orleans. She says cold weather won't

[1:25] deter her shopping. What are you looking

[1:26] for?

[1:27] >> Clothes, purses, shoes.

[1:29] >> Monica Russell says she plans to shop

[1:31] for those things and more.

[1:32] >> I'll be shopping every day and just

[1:35] going out to eat and find stuff. Just

[1:37] having fun here.

[1:38] >> So, you're going to be spending money?

[1:39] >> Yes, lots.

[1:39] >> But according to financial analyst

[1:41] Howard Dvidowitz, it will be a mixed

[1:43] season for retailers across the country.

[1:45] Luxury stores will see record profits

[1:48] while discounters will struggle.

[1:50] >> How much are energy costs affecting

[1:51] people's budgets this season? the the

[1:53] budgets it's affecting are those people

[1:56] who earn from $35 to $50,000 a year.

[2:00] That's why stores are promoting so

[2:01] early. They're trying to get the

[2:03] customers in before those home heating

[2:05] bills come in.

[2:06] >> On average, consumers plan to spend an

[2:09] estimated $681

[2:11] a piece this holiday season. Analysts

[2:13] say this will help increase overall

[2:16] retail sales by 5%. Less than last year,

[2:19] but still an increase. Trishan, CBS

[2:22] News, New York.