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Consumers spent record $9.12 billion online on Black Friday: analysis
Breitbart ^ | 11/26/2022 | Jared Gans

Posted on 11/26/2022 12:16:26 PM PST by ChicagoConservative27

Consumers spent a record amount of money on online purchases on Black Friday, surpassing $9 billion, according to Adobe Analytics data.

Adobe found that $9.12 billion was spent on Friday, marking a 2.3 percent rise year over year. Electronics sales were a large driver of the increase, with such online sales up 221 percent from the average day in October.

Items such as audio equipment, toys and exercise equipment also sold well, with sales of each up more than 200 percent from an average day last month.

(Excerpt) Read more at thehill.com ...


TOPICS: Breaking News; Business/Economy; Culture/Society; News/Current Events; Your Opinion/Questions
KEYWORDS: blackfriday; consumers; electronics; inflation; online; spent; tech
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Let me guess,all on credit cards?
1 posted on 11/26/2022 12:16:26 PM PST by ChicagoConservative27
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To: ChicagoConservative27

If prices are up 10% year over year then it is not really a 2.3% rise in sales.


2 posted on 11/26/2022 12:19:00 PM PST by willk (Local news media. Just as dangerous as national media.)
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To: ChicagoConservative27

Well, I bought a spare holster and BCG, just to get in the swing of things.


3 posted on 11/26/2022 12:19:35 PM PST by doorgunner69 (Let's go Brandon)
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To: willk

Bingo!


4 posted on 11/26/2022 12:20:39 PM PST by Right Brother
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To: ChicagoConservative27

“marking a 2.3 percent rise year over year”

Adjusted for inflation, they spent 10% less than last year.


5 posted on 11/26/2022 12:22:02 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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To: ChicagoConservative27

Precisely. I believe personal debt increased in the last year the most in 20+ years.


6 posted on 11/26/2022 12:30:01 PM PST by EEGator
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To: ChicagoConservative27

I suspect the other half of the news will be carefully hidden:

“... at the expense of brick and mortar retailers, who found a massive year over year decline in sales”

Online is almost always cheaper and you don’t have to get trampled to death by obsessed cow-like doorbuster seekers.


7 posted on 11/26/2022 12:31:22 PM PST by Spktyr (Overwhelmingly superior firepower and the willingness to use it is the only proven peace solution.)
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And that’s just in food and gas!


8 posted on 11/26/2022 12:32:56 PM PST by RandallFlagg ("Okay. As long as the paperwork is clean, you boys can do what you like out there." -Fifi)
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To: ChicagoConservative27
people are spending like there is no tomorrow. There will be alot of "OMG! Did you see the Credit Card bill?". and a lot of people will be taking out home equity loans to pay it off..

.The used car market is gonna crash as people have to start selling their garage babies and their " just bought" cars with low mileage!!

( rubbing hands together- mrs ikeon needs a new car . February!! yes!!!)

9 posted on 11/26/2022 12:42:54 PM PST by Ikeon (Stupid Should Hurt.. take that out of a childs life and you've got, BLM, lgdbtxq, drag queens, etc)
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To: ChicagoConservative27

Americans are slobbering with adoration over Biden and his party’s handling of the economy. They will push him over the finish line to a 2nd term with the House and Senate with Dem majorities. Then end of filibuster, packing of Supreme Court and FCC shutting down conservatives on TV and radio. Followed by fully open borders and the end of the Electoral College.

Unless the economy goes into a bad enough recession to be understood even by the educably retarded American people.


10 posted on 11/26/2022 12:43:01 PM PST by frank ballenger (You have summoned up a thundercloud. You're gonna hear from me. Anthem by Leonard Cohen)
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To: Ikeon

Chapter 7


11 posted on 11/26/2022 12:44:27 PM PST by EEGator
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To: doorgunner69

“Well, I bought a spare holster and BCG, just to get in the swing of things.”

BCG = Birth Control Glasses?


12 posted on 11/26/2022 12:44:48 PM PST by PLMerite ("They say that we were Cold Warriors. Yes, and a bloody good show, too." - Robert Conquest )
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To: ChicagoConservative27

Yep. At least 90% on credit, which will now cost about 20% a year for the saps who did it.


13 posted on 11/26/2022 12:45:03 PM PST by hinckley buzzard ( Resist the narrative )
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To: ChicagoConservative27

Remember when “Progressives” protested the Wall Street bailout by maxing out their credit cards and walking away?


14 posted on 11/26/2022 12:46:21 PM PST by griswold3 (Truth, Beauty and Goodness )
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To: hinckley buzzard

Not for soon to be Chapter 7 people.

Just my opinion, but I expect a global depression next year.
Before people quit, they get as high as possible…


15 posted on 11/26/2022 12:54:38 PM PST by EEGator
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To: willk
---->>>>"If prices are up 10% year over year then it is not really a 2.3% rise in sales."

HELLO!

16 posted on 11/26/2022 12:56:55 PM PST by StAnDeliver (Tanned, rested, and ready.)
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I truly accidentally had to venture to Sam’s Club (coffee) on Black Friday, and the foot traffic was no different than an average Saturday.


17 posted on 11/26/2022 12:58:24 PM PST by StAnDeliver (Tanned, rested, and ready.)
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To: StAnDeliver

Yep.... guilty of the same at a few stores and noticed the foot traffic way down from the previous year. It’s either online and/or folks are holding on to their cash waiting for the hammer to fall.


18 posted on 11/26/2022 1:16:07 PM PST by LastDayz (A blunt and brazen Texan. I will not be assimilated.)
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To: frank ballenger

Then America will split.


19 posted on 11/26/2022 1:19:30 PM PST by cowboyusa (America Cowboy up! )
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To: PLMerite
"Birth Control Glasses" -- those must be the inverse of "Beer Goggles." But how in the world do they work? Only order water?


20 posted on 11/26/2022 1:22:00 PM PST by ProtectOurFreedom (If you're not part of the solution, you're just scumming up the bottom of the beaker!)
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