US Shoppers Spent Less on Black Friday Than Last Year
This is not a good sign.
US shoppers spent less this year on Black Friday than last year.
American consumers shopped more for bargains at the start of the U.S. holiday season and spent significantly less than a year ago, according to early data released on Sunday.
Consumers said they will have spent nearly 8 percent less on average, or about $343 per person, over the weekend that includes U.S. Thanksgiving Day, Black Friday and runs through Sunday, according to the National Retail Federation.
That stimulus sure worked wonders, didn’t it?