BIDEN ECONOMY: Black Friday Sales Down 28% – Cyber Monday Sales Down (1.4%) for First Time Ever
It’s been a rough week for Biden’s economy. Christmas sales are down from last year as Black Friday and Cyber Monday sales fall.
According to CNBC, Black Friday was a dark day for retailers.
Traffic at retail stores on Black Friday dropped 28.3% compared with 2019 levels, as Americans shifted more of their spending online and kicked off their shopping earlier in the year, according to preliminary data from Sensormatic Solutions.
Traffic was up 47.5% compared with year-ago levels, Sensormatic said. This time in 2020, many shoppers stayed at home due to fears around the coronavirus pandemic and as retailers operated on somewhat reduced hours.
This week, HotAir.com reported on the lackluster results of Cyber Monday:
Cyber Monday sales have become as much a holiday shopping fixture as Black Friday,