Americans spent 45 billion dollars** over this past weekend…. better than predicted for the Black Friday to Cyber Monday stretch. The media is abuzz with the news of “consumer spending rebounding.” But all we care about is whether we get it together to buy worthy Christmas gifts, right?
The big holiday gift this year seems to be The Kindle. So, Amazon is doing well on that front. In fact, according to the Consumer Electronics Organization, consumer electronics were way up there in terms of what people bought this weekend. Maybe they’re not the best source of unbiased information, but that’s probably true, I reckon.
What are you planning on investing in, gift-wise, this year?
**According to the Huffington Post, “The weekend after Thanksgiving, typically the busiest shopping weekend of the year, saw about 212 million shoppers, up 8.7 percent from last year’s 195 million, according to the National Retail Federation, which logged the busiest holiday weekend since at least 2004.”