Peter Cottontail bringing a lot less down the bunny trail: Easter-related spending is projected to drop by 14% this year, according to the National Retail Federation. The national economic slump is expected to cause more people to cut back on buying candy and spring attire. The average American spent $135.03 on Easter last year, but that figure is expected to fall to $116.59, based on an NRF survey of nearly 8,500 people. Retailers are pinning hopes that the late holiday may lead to more sales.
Good day for a tax protest: The Baton Rouge Tea Party, an event organized to protest President Barack Obama’s proposed tax hikes, will be from 1 to 3 p.m. Wednesday at the State Capitol. This is part of a nationwide protest against higher taxes. For more information about the local event, click here.
