Black Friday sales accelerating, cni online consumption index becoming a highlight
Retail sales increased by 3.4%, in-store shopping increased by 0.7% after inflation, usa consumers are seeking cheaper goods this year, sales on Black Friday in the usa grew faster, highlighting that picky consumers are still spending when they find the right products. According to mastercard SpendingPulse data, the day after Thanksgiving (start of the traditional holiday shopping season), retail sales (excluding autos) increased by 3.4%. This number exceeded last year's growth and was not adjusted for inflation. In-store sales increased by 0.7%, below last year's pace. E-commerce is a bright spot.
Express News | Salesforce Says US Online Sales Rose 7% on Black Friday Totaling to $17.5 Billion
Black Friday E-Commerce Spend to Reach $10.8 Billion, Adobe Says
Where to Look for Undervalued Technology Stocks
Dow, S&P 500 End November at Record Highs
Thanksgiving Online Spending Rises to $6.1 Billion This Year, Adobe Data Show
