Thats right, according to a recent study, the economy is bouncing back in the retail world, according to the personal finance site, Mint. The study shows that sales post-Black friday have seen a significant rise compared to last year.
Electronics had the most significant rise with big name retailer Best Buy having a 18.3% year-over-year growth. Next is Fry’s with a growth of 12.2%. General stores such as Walmart had the next biggest growth in sales followed by clothing stores as seen by the above graph.
High end stores also saw a rise this year which is a nice change to the negative trend we observed last year.
It seems that the Santa is bringing more then just hula-hoops and bicycles this year. He’s also packaged a nice boost to our economy which we will cherish much longer than a bike we’ll outgrow by summer. Besides, everyone can benefit from an improved economy, but i can’t hula-hoop if my life depended on it…
Via [Gizmodo]
GOOD! Better economy means better jobs which then means more money which then means more gadgets :ID