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Record breaking Black Friday sales.

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I bought a organizer cabinet and step drill bits and Makita Gold HSS bit set.

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MAGAnomics – U.S. Black Friday Online Consumer Spending $5.4 Billion (+22%)…
Posted on November 30, 2019 by sundance
Jumpin’ ju-ju bones…. Keep in mind as you review these numbers – U.S. consumer spending accounts for two-thirds of total U.S. GDP. The sales numbers from Thanksgiving and Black Friday are exceptionally strong, showing confidence by consumers this holiday season. This is not the ‘recession’ we were promised by pundits.

Continued strong wage growth amid all sectors of the U.S. workforce, particularly in non-supervisory positions, combined with low inflation and low energy costs, means consumers are spending out of ‘household cash flow’ which is considerably higher.

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(Via CNBC) […] Spending online on Black Friday, as of 9 pm ET, hit a new record of $5.4 billion, up 22.3% from a year ago, according to data pulled from Adobe Analytics, which measures transactions from 80 of the top 100 U.S. online retailers.

This comes as foot traffic appeared to be lighter at shopping malls across the country on Friday, a day that traditionally has been reserved for people to line up outside of big-box retailers and department stores to score doorbuster deals.

Total spending online on Black Friday is still forecast by Adobe to hit $7.6 billion, which would make the day the second-biggest online sales day ever, after Cyber Monday in 2018, where $7.9 billion was spent.


However, Adobe is still expecting spending on Cyber Monday this year to hit an even bigger record $9.4 billion, an 18.9% jump from a year ago.

Shoppers meantime already spent $4.2 billion online on Thanksgiving Day, a 14.5% increase from last year and a record high, Adobe had said earlier in the day on Friday. While this marks the first year Thanksgiving spending surpassed $4 billion. (read more)

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I ordered AMP powersteps for my 2019 RAM, saved 300. I'll never step foot in a B&M on Black Friday again.
 
The Gateway pundit is a far right wing biased news outlet, in other words fake news. If they reported the sky was blue, id still look out the window to see for myself. As far as I can tell, internet sales were good, which does little to help stores who employ Americans and often hire additional help this time of year.
Myself I never go to any stores on Black Friday with the exception of a supermarket to buy groceries for mom, which by the way had little shoppers the day after Thanksgiving.
I also know from reading that big sales records on Black Friday can be a indication of people with less income to spend are simply looking for better prices
I do sincerely hope retailers do well this season but I would also hope folks dont overspend and build up credit card debt.
You are wrong about Gateway Pundit. They only gather stories from other sources.
I have seen multiple reports saying there have been record sales.

You say you don't shop on BF? Why aren't you supporting those employees you act like you are so concerned about?
I was in a Publix in Athens, AL today and business was brisk.
And you begrudge lower income people bargains?
You're a mean one, Mr. Grinch.
I bet you think Newsweek is a reliable source.
Or Drudge.
Is CNBC a far right website? They report the same thing.
 
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After reading all this I find it funny how negative Nancy's will spin ANYTHING to suit thier Fake outrage agenda... With that being said I am so Glad I live in another "United States of America" where negativity is not a way of life...
 
After reading all this I find it funny how negative Nancy's will spin ANYTHING to suit thier Fake outrage agenda... With that being said I am so Glad I live in another "United States of America" where negativity is not a way of life...


 
Steve, what is it you disagree about my post?
Gateway is a far far right media outlet that pushes lies and fake conspiracy theories, it was founded for one reason. As far as BF goes, I dont shop on BF as i dont really have much shopping to do either way and I'm not good at dealing with crowds, except as I posted to buy groceries for my mother in law. I take my wife shopping but we try to shop during the day, the earlier the better and during the week.
I changed my X to a Thanks, so we should be good to go LOL.....
 
My son bought the 4K big screen tv at Walmart. I'm not a techie so I didn't know about 4k. He showed me some video and I was like holy sh^^!.
 
economy is booming, people are obviously spending

gotta' love when a plan works out :thumbsup:

thanks Ghost
 
Please keep the politics out of this discussion guys. :)
 
Gateway is a far far right media outlet that pushes lies and fake conspiracy theories, it was founded for one reason. As far as BF goes, I dont shop on BF as i dont really have much shopping to do either way and I'm not good at dealing with crowds, except as I posted to buy groceries for my mother in law. I take my wife shopping but we try to shop during the day, the earlier the better and during the week.
I changed my X to a Thanks, so we should be good to go LOL.....
I don't get where you think GP is far right or does conspiracy theories. They REPORT stories from other sources.
I live close to STL where Jim Hoft lives. He used to be a weekly regular on a radio program. If you heard him you would know he isn't far right.
In fact, he is anything but.
Btw...what is far right? Fox news?
Being he is gay, why would he be far right? That's a contradiction.
 
You'll have to forgive Steve; he's from NYC, a union member, Italian & has a "D" behind his name. All together, it's a deadly combination.


:D
 
I don't get where you think GP is far right or does conspiracy theories. They REPORT stories from other sources.
I live close to STL where Jim Hoft lives. He used to be a weekly regular on a radio program. If you heard him you would know he isn't far right.
In fact, he is anything but.
Btw...what is far right? Fox news?
Being he is gay, why would he be far right? That's a contradiction.
You think some gay people are not to the right politically? Its not a contradiction at all, but im happy you found a gay person who is a ultra right wing T worshipper and who does a great job at spreading a hate agenda.
As far as listening to JH, id rather listen to Rap music, and as I dont consider Rap music, music at all, im sure you get the picture.
I have read some of what he puts into print and if thats were you get your information, well thats to bad
 
Doesn’t matter which news organization reports it the numbers are generally the same. This economy continues to defy all odds and this years sales figures bear that out. It will be another blockbuster year for holiday sales. You can blame it on whatever you want - but people are feeling good about their pocket books.
 
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