2025-12-01 20:44:15

Consumer spending just hit unprecedented levels this holiday season, and the numbers tell quite a story.

Black Friday shoppers dropped a staggering $11.8 billion online. That's not just big—it's a 9.1% jump from last year and officially the highest single-day sales figure ever recorded. Kevin Hassett points to rising household incomes under the current administration as a major catalyst behind this shopping surge.

But here's the kicker: even Thanksgiving Day itself pulled in $6.4 billion. People literally paused between turkey servings to hunt for deals.

What's driving this? Stronger purchasing power seems to be the key factor. When people feel financially secure, they spend. Simple economics, really. Whether it's pent-up demand or genuine economic optimism, retailers are definitely reaping the rewards.

The year-over-year growth rate suggests this isn't just a one-off spike either. We might be witnessing a sustained shift in consumer confidence and spending habits. Traditional retail metrics keep getting shattered, and that has implications beyond just holiday sales—it reflects broader economic momentum that could influence everything from employment to investment patterns across sectors.

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StopLossMaster

· 2025-12-04 20:12

$11.8 billion on Black Friday—this number is just unbelievable. It feels like all the money has been burned through.

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FlashLoanLarry

· 2025-12-04 19:00

Wait, 11.8B in one day? That sounds a bit exaggerated. How many people got a raise for that to happen?

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0xSleepDeprived

· 2025-12-03 20:03

Crazy, 11.8 billion in a single day? People are still shopping while eating turkey on Thanksgiving—this is unbelievable.

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OnchainDetective

· 2025-12-01 21:12

Black Friday 11.8 billion, it's really outrageous... What does such strong purchasing power indicate?

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SmartContractPlumber

· 2025-12-01 21:10

The consumer data is indeed impressive, but behind such bullish purchasing power... is it really a sign of a thriving economy or forced consumption under inflationary pressure? It needs to be examined.

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AirdropHunterZhang

· 2025-12-01 21:08

1.18 billion dollars in a day? Wow, these people are really scamming coupons, haha.

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ShibaOnTheRun

· 2025-12-01 21:00

1.18 billion is not a small amount, but this money has all gone into the pockets of merchants.

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Layer2Observer

· 2025-12-01 20:54

Let me take a look at the data... The 11.8B figure is really outrageous, but interestingly, we need to clarify whether this is driven by real demand or is a side effect of liquidity easing. Hassett's theory... well, theoretically, we need to exclude inflation factors and take another look, otherwise, we can't truly measure purchasing power. People are going crazy shopping for Thanksgiving; behind this, whether it is economic optimism or debt-driven impulse consumption remains to be further verified.

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