Sales on Black Friday rose from a year earlier, as data hints at US shoppers’ resilience amid higher costs and job-market concerns. Despite macroeconomic swings, shoppers appear to have purchasing power and were spending at a consistent level heading into Black Friday, although the outlook for the rest of the shopping period remains in flux. Telsey Advisory Group Founder & CEO Dana Telsey joined Carol Massar and Tim Stenovec on ‘Bloomberg Businessweek Daily’ t break down the state of the American consumer throughout the holiday shopping season.
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