Analyst predict sharp spike in sales in Chicago area

December 31, 2010 1:55:35 PM PST
Americans spent more this holiday season than have in a number of years. But Chicagoans outpaced the competition when it came to shelling out the cash.

Analysts expect a $1.6 billion jump in sales in the Chicago area over the third quarter.

The total hasn't quite been tallied yet. But its expected people in Chicago spent more than $26 billion in the fourth quarter. Those are the best sales numbers in the city since 2007.