The economy isn’t giving us a lot to cheer about this holiday season … and it could get worse. This year, more companies are saying no to an annual tradition: the office holiday party.

According to a survey from Challenger Gray & Christmas Inc., only 62 percent of companies were planning holiday parties this year, down from 77 percent a year ago and 90 percent in 2007. The decline is fairly consistent with my own, admittedly less scientific research on Twitter and by querying members of the Pennsylvania Bar Association solo and small firm section, with at least one respondent lamenting, “no (but wish they did).”

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