Skip to comments.Consumers spent record $9.12 billion online on Black Friday: analysis
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 ...
If prices are up 10% year over year then it is not really a 2.3% rise in sales.
Well, I bought a spare holster and BCG, just to get in the swing of things.
“marking a 2.3 percent rise year over year”
Adjusted for inflation, they spent 10% less than last year.
Precisely. I believe personal debt increased in the last year the most in 20+ years.
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.
And that’s just in food and gas!
.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!!!)
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.
“Well, I bought a spare holster and BCG, just to get in the swing of things.”
BCG = Birth Control Glasses?
Yep. At least 90% on credit, which will now cost about 20% a year for the saps who did it.
Remember when “Progressives” protested the Wall Street bailout by maxing out their credit cards and walking away?
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…
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.
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.
Then America will split.
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