You won’t hear about in on CNN, but – BAMF! – American just received a “yuge” shot in the arm to the economy, thanks to President Trump’s amazing ability to inspire consumer confidence.
More than 174 million U.S. consumers shopped in person or on the internet between Thanksgiving Day and Cyber Monday, with almost 100 million people purchasing gifts on Monday alone. Experts believe that this will be the first Christmas season to exceed $100B in sales.
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Mainstream media coverage is focusing on how technology is making it easier to shop, how shopping malls are changing…basically anything they can think of to change the subject.
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But the fact remains that the U.S. economy under Trump is acting like a powerful geyser, just ready to pour out at any moment.
Could Cyber Monday have been the first eruption?
More from ABC News:
More than 174 million U.S. consumers shopped in stores and online between Thanksgiving Day and Cyber Monday, according to the National Retail Federation, with over 81 million people shopping on Cyber Monday alone.
Online sales hit a record-breaking $6.59 billion on Nov. 27, up 16.8 percent from the previous year, according to Adobe Analytics. Black Friday also broke records, with $5.03 billion in online sales. Adobe predicts this will be the first-ever holiday season to break $100 billion in online sales.
But it’s not only where people are shopping that is changing — it’s also how people are shopping. Mobile set a new record on Cyber Monday: 47.4 percent of shopping happened from either a smartphone or a tablet. That means Americans spent over $2 billion right from the palms of their hands.
“Cyber Monday broke records as consumers picked up their phones and tablets and went looking for the bargains they have come to expect on this day,” Taylor Schreiner, director of Adobe Digital Insights, told ABC News. “Better retail experiences, especially on mobile, likely made the shopping experience that much faster for consumers this year.”
She added, “This year, mobile shopping was dominant both in the morning and afternoon, and desktop only staged a comeback in the evening when people were home.”
A competing, slightly-outdated headline on ABC’s website reads, “Has Black Friday Lost its Luster?” Ha! The media couldn’t make Americans less confident under Trump if they tried.
Or maybe they *have* been trying…with little success!
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