Question Details

How much will be spent over Black Friday Weekend 2013?

How much will be spent over Black Friday Weekend 2013?

Asked by: Super Userkruijs in Business » Economics
Settled on 12/02/2013 17:45 Settled by Super Userkruijs
Winning option:$55 billion to less than $60 billion
Low prices helped keep Americans’ budgets in check this weekend: on average, shoppers spent $407.02 from Thursday through Sunday (planned), down from $423.55 last year. Total spending is estimated to reach $57.4 billion.*

http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1705

Predictions

less than $50 billion
4.9%
$50 billion to less than $55 billion
10.1%
$55 billion to less than $60 billion
41.0%
$60 billion to less than $65 billion
34.6%
$65 billion or more
9.4%

Background

For those keeping score, consumers’ voracious appetites for great deals on Thanksgiving and Black Friday last year helped secure this weekend’s place in the record books. According to a National Retail Federation survey conducted by BIGresearch over the weekend, traffic and spending were up both online and in stores, reaching historic highs.

According to the survey, a record 247 million shoppers visited stores and websites over Black Friday weekend, up from 226 million 2011. Making sure to take advantage of retailers’ promotions to the full extent, the average holiday shopper spent $423 this weekend, up from $398 last year. Total spending reached an estimated $59.1 billion.

(NRF’s definition of “Black Friday weekend” includes Thursday, Friday, Saturday and projected spending for Sunday.)

http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1462

Find similar: black friday, deals, sale

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