Black Friday Sales Surge, But Consumers Feel Pinch

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Wednesdays

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Black Friday and Cyber Monday saw record-breaking sales, with online shoppers spending $11.8 billion and forecasted to reach $14.2 billion on Cyber Monday. Despite these figures, inflation and rising costs have led to consumers buying fewer items and spending more per item, indicating a strategic approach to shopping due to tighter household budgets.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.

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