Record spending this thanksgiving
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- CarolineS
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The weekend following Thanksgiving is probably the most important of the whole US retailing year.
The amount of money shelled out at the shops this weekend hit $41.2bn (£25bn) - a rise of 0.5% on 2008.
Even so, credit-crunched Americans spent around 8% less each than normal, an average of $343, in the days following last Thursday's holiday.
The total was higher because more of them - 195 million - shopped either online or by going out to stores.
The figures come from the largest retail trade organisation in the world, the National Retailers Association, a body that illustrates why we call the United States a consumer society.
Its members employ 24 million people - around one in five US workers.
http://news.bbc.co.uk/1/hi/business/8386936.stm
The amount of money shelled out at the shops this weekend hit $41.2bn (£25bn) - a rise of 0.5% on 2008.
Even so, credit-crunched Americans spent around 8% less each than normal, an average of $343, in the days following last Thursday's holiday.
The total was higher because more of them - 195 million - shopped either online or by going out to stores.
The figures come from the largest retail trade organisation in the world, the National Retailers Association, a body that illustrates why we call the United States a consumer society.
Its members employ 24 million people - around one in five US workers.
http://news.bbc.co.uk/1/hi/business/8386936.stm
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- groups:
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- tags:
- Economy, US, Thanksgiving, Spending
