Shopping On Black FridayWe've just come through the biggest shopping weekend of the year, which started a day early as many retailers decided to open on Thanksgiving night instead of Black Friday morning. Black Friday is always the Friday after Thanksgiving, a time when stores hold tempting sales to lure in customers who've started to think in earnest about Christmas.
I have conflicting opinions about it. On one hand, Black Friday represents the pinnacle of a consumerist culture, and brings out the worst in people. This year there were reports of pepper spraying, violence and even murder as people fought to get deals on material things made in China. However, on the other hand most people were not violent, and most are buying for others, not themselves. In our current economy, which is driven mostly by the consumer, we should all be hoping for a blockbuster holiday shopping season.
It looks like we may have gotten it. Over the four days from Thanksgiving until Sunday, American consumers spent $52,5 billion, that's up 16% from last year. And the stock market reacted quite favorably to the news yesterday. And this is before adding in online sales from Cyber Monday, which also seems to have been a blowout. Only time will tell is the spending will keep up until Christmas, but if it does, it will be good news for our economy at large.
In honor of all those who braved the crowds to help stimulate the economy, I've built this 18 song shopping-inspired playlist.
What would you add?Read More »from Shopping Songs