27/12/17

Signs Point To Strong Shopping Season… Consumer Is Maxed Out… Ron Paul: Economic Boom ‘An Illusion’, Bust Could Resemble USSR Collapse



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Signs Point To Strong Shopping Season… Consumer Is Maxed Out… Ron Paul: Economic Boom 'An Illusion', Bust Could Resemble USSR Collapse
// Silver For The People

InvestmentWatch

investmentwatchblog.com / BY  · PUBLISHED 

Signs point to strong shopping season… 

New York (AFP) – Americans shopped with greater gusto at malls and online this holiday season amid a strong labor market and cold winter weather, retail sales experts said Tuesday.

Shoppers in the world's biggest economy spent generously over the "Black Friday" weekend in late November that kicks off the US holiday shopping season, and buying picked up further in December, analysts said.

Retail experts won't have the final tally on the overall holiday season until January. That will include figures from the day-after Christmas, "Boxing Day," which is usually one of the busiest shopping days of the year.

But early figures point to a good year overall. Mastercard SpendingPulse estimated sales growth for the season at 4.9 percent, the strongest annual boost since 2011.

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The post Signs Point To Strong Shopping Season… Consumer Is Maxed Out… Ron Paul: Economic Boom 'An Illusion', Bust Could Resemble USSR Collapse appeared first on Silver For The People.


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