Black Friday Trends: Consumer Spending, Retail Wins, and Economic Sentiments
TL;DR Summary
Despite consumers feeling gloomy about the economy and low sentiment levels, holiday shopping in the US remains strong, driven by lower-income resilience, early shopping, and inflation-related spending, though signs of caution and trade-offs are evident among shoppers and retailers alike.
Topics:business#consumer-sentiment#economic-outlook#economy#holiday-shopping#retail-sales#spending-behavior
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