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Monday’s business headlines

INDIANAPOLIS (WISH) — Here’s a look at Monday’s business headlines.

Trees

We know we’ll pay more for Christmas trees this year, both real and artificial.

But now that Christmas is getting closer, there’s a sense of how much more.

Experts said tree buyers should expect to pay between 10% and 30% more for both live trees and artificial trees this year and also have a smaller selection from which to select.

Christmas tree farms say they sold stock in 48 hours that would normally take a week and people are taking younger trees.

Jobs

Indiana’s unemployment rate fell to 3.3% in October, down from 3.5% revised down from 4% in September and under what many economists consider to be full.

The Indiana Department of Workforce Development says a total of 7,030 fewer Hoosiers were considered unemployed while actively seeking work last month, and 2,153 fewer were employed.

NFL

NFL fans aren’t coming back to games in numbers that were expected.

Colts attendance so far this year has averaged 60,600. That’s the 28th worst in the NFL.

According to Public Box Scores, NFL attendance hasn’t exactly plummeted but it has certainly not bounced back at levels that match extraordinary preseason enthusiasm.

Oil

Oil logged its biggest weekly drop since as Europe’s worsening COVID-19 crisis renewed the prospect of lockdowns.

The worry is that as countries lock down again, that travel demand will fall, sending oil prices lower.

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