US Shoppers Spent Less on Black Friday Than Last Year

This is not a good sign.
US shoppers spent less this year on Black Friday than last year.
CNBC reported:

American consumers shopped more for bargains at the start of the U.S. holiday season and spent significantly less than a year ago, according to early data released on Sunday.

Consumers said they will have spent nearly 8 percent less on average, or about $343 per person, over the weekend that includes U.S. Thanksgiving Day, Black Friday and runs through Sunday, according to the National Retail Federation.

That stimulus sure worked wonders, didn’t it?

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