Black Friday Sales Reflect US Consumer Confidence

Poonam Goyal, Head and Senior E-Commerce & Athleisure Analyst, Bloomberg Intelligence

29-Nov-23 07:30

Black Friday Sales Reflect US Consumer Confidence

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We look at the health of the US retail sector on the back of the biggest shopping event in the calendar. Over the weekend, inflation-weary American consumers were coaxed by various discounts happening over Black Friday through to Cyber Monday. Poonam Goyal, Head and Senior E-Commerce & Athleisure Analyst at Bloomberg Intelligence shares with us what US consumers were buying and which players have been benefiting from this.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Anwar Mahbob, Philip See

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Categories: economy

Tags: black friday, american consumerism,

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