Thanksgiving Shopping Numbers Are In, Show Consumer Confidence
Shoppers took to their computers on "Cyber Monday" to snatch up holiday deals.
By: Lauren Hinnant
Warehouses across the country are busy shipping the items Americans bought in record numbers on "Cyber Monday".
Record sales from the online shopping day and "Black Friday" show consumers are not being tight with their pocket books.
"You hear...see...deal after deal, it's like okay, I've got to get one of these. I've got to get some of these," said shopper, Monica Wright.
Lore Williams said the online shopping day is a great idea.
"I do all of my shopping online...so I think Cyber Monday is really a hit for people," said Williams.
USA Today reports sales from Monday were up 18 percent as of 9:00pm that night compared to the last year. On Black Friday, sales were up 6.6 percent compared to 2010. Shoppers spent more than $11 billion on Friday.
"The holidays are just special. And you know, I think you have a sense of gratitude," said Ashley Hoefer.
USA Today says online traffic was up 43 percent on Monday compared to last year. The newspaper reports the most popular items were electronics, like flat screen televisions, and digital cameras. Sales of electronics were up 26 percent over a year ago.
"There's a lot of new products out there right now. Like, I think that Kindle is a hot item right now. I don't know. Maybe people are a little more comfortable with the economy," said shopper, Jay Nash.
The stock market closed almost 300 points higher on Monday night when numbers from Black Friday came in, showing it may have gotten just what it asked for for Christmas.