People apparently don't want to spend $125 an hour or more for a Santa to visit a holiday party.
Nicholas Trolli, the president of the Amalgamated Order of Real Bearded Santas says many of the members are having a dismal year.
Trolli says many Santas are cutting their hourly rates in half.
Despite the less-than-jolly economic climate, Santas say the joys of the job mostly make up for the tough times.
