How to Pick the Labor Day Stock Winners

Labor Day is always an interesting holiday, and it has serious ramifications on consumer spending and on the economy. The 2013 back-to-school spending has been down after a record 2012, and this leaves a lot of room for upside and for disappointment for retailers and businesses who prosper from spending habits around Labor Day. The holiday travel period for 2013 is defined as Thursday, August 29, through Monday, September 2. 24/7 Wall St. has used data from the National Retail Federation (NRF), AAA, the Conference Board, and the U.S. Bureau of Labor Statistics (BLS).