Consumers are dreaming of a green Christmas

Consumers are dreaming of a green Christmas

Christmas

ChristmasThis post-election Christmas season seems to find consumers a bit more cheerful this year.

On Friday, Fox News Business reported that online sales surged nearly 14% from a year ago on Thanksgiving Day. FNB, citing data from the University of Michigan, reported that the markets indicate optimism and that optimism helped fuel more than $1 billion in online sales Thanksgiving Day.

FNB added this quote from Greg Maloney, president and CEO of JLL Americas Retail:

“I think people are just ready to move on, see how things fall [after the election]. Two years ago, foot traffic was up, but people didn’t have a lot of shopping bags and there seemed to be more lookers than buyers. This year is the reverse: There are a lot of bags, people are shopping, and it’s a festive atmosphere and happiness among people.”

It didn’t seem to matter whether the consumer could walk into a brick-and-mortar building or shop online. FNB added that consumers don’t really care where they shop as long as they’re getting the best deals.

Perhaps the hope of better policies promised by the Trump Administration will make this the first green Christmas in many years.

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