Tuesday, December 26, 2017

Holiday Shopping Largest Since Recession

U.S. consumers spend $598 billion in retail sales with a $90 billion return rate of products. This is the largest holiday shopping period since the recession. It is seen as a good sign for the economy for the year because a large percentage of the economy is based on retail sales and if the stores start out strong they can balance their budgets and reinvest in new lines for next year. It also shows that people have disposable incomes and are willing to buy.

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