Private sector upbeat about seasonal consumer spending

Throngs on Water Street on Wednesday. Is the early rush indicative of robust seasonal spending power?

The leaders of two of Guyana’s private sector bodies have struck a decidedly upbeat note about the likely volume of retail trading during the next few weeks leading to Christmas.
Chairman of the Private Sector Commission Ron Webster and President of the Guyana Manufac-turers Association Mohindra Chand told Stabroek Business in separate interviews that they anticipated robust trading in the city in the weeks leading to Christmas given what they believed was the enhanced spending power of consumers.

Webster said that with gold prices continually rising and given the hive of activity that continued to obtain in the housing sector he felt there