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Retail rebound: 2017 holiday sales reach $598 billion
CBS NEWS ^ | 12/25/2017 | JIM AXELROD

Posted on 12/25/2017 6:34:47 PM PST by eastforker

NEW YORK -- Retailers are seeing plenty of green this holiday season. And it's not over yet. Records are falling as sales add up.

"This is literally the best season since before the recession," business owner Craig Johnson said.

Johnson's company, Customer Growth Partners, analyzes all things retail. He credits low unemployment and a booming stock market for this humbug-free holiday season.

"The single biggest drive of retail sales is growth in real disposable income," he said. "And when real income goes up, people have money in their pocket and they're able to spend it."

(Excerpt) Read more at cbsnews.com ...


TOPICS: Business/Economy; Chit/Chat; Miscellaneous
KEYWORDS: 2017review; bestever; economy; maga; retail; trumpbump; trumpchristmas; trumpeconomy; winning
Up until about 3 weeks ago this holiday season spending was reported as down and bad for retailers. Very little is being said in the MSM about this holiday season being one of the best ever for retailers.
1 posted on 12/25/2017 6:34:47 PM PST by eastforker
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To: eastforker

“Unexpected...”


2 posted on 12/25/2017 6:35:26 PM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: eastforker

Same news cycle every year.

3-4 weeks from Christmas and they are predicting failure then, Voila!


3 posted on 12/25/2017 6:38:26 PM PST by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: eastforker
Thanks Obama!

I swear that idiot is muttering this under his breath 15x a day.

4 posted on 12/25/2017 6:44:45 PM PST by corkoman
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To: corkoman

Lol - I was just going to post something like that. The jug-eared Kenyan is probably going to try and grab credit for it. Hope he does, because he just looks so small and foolish.


5 posted on 12/25/2017 6:50:38 PM PST by JudyinCanada
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To: eastforker

Trump’s fault!

But, democrats will claim it’s Obama’s leftover economic policies that had people spending big money during Xmas.


6 posted on 12/25/2017 6:51:48 PM PST by adorno
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To: abb

““Unexpected...””

ROFL! Nice!


7 posted on 12/25/2017 6:59:31 PM PST by CodeToad (CWII is coming. Arm Up! They Are!)
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To: adorno

Trump can say, “Ok then take credit, but just wait till next year.”


8 posted on 12/25/2017 7:02:04 PM PST by taterjay
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To: JudyinCanada

One of my lib co-workers at the State Department tried to tell me the great things happening with the economy and taxes are because of 0bama. He was serious. I couldn’t help bursting out in laughter.


9 posted on 12/25/2017 7:02:09 PM PST by ViLaLuz (2 Chronicles 7:14)
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To: ViLaLuz

Pure delusion.


10 posted on 12/25/2017 7:04:10 PM PST by JudyinCanada
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To: eastforker

“Very little is being said in the MSM about this holiday season being one of the best ever for retailers.”

There can be no question now that the economy has been artificially held down for YEARS due to government interference, and a corrupted media.

The stage is set for an economic EXPLOSION, the likes of which we have not seen since the 2nd World War. Only this time, they will be making TV’s and extended cab pickups, instead of tanks.


11 posted on 12/25/2017 7:29:10 PM PST by tcrlaf (They told me it could never happen in America. And then it did....)
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To: eastforker

The Obama lost decade is over.

Thank you President Trump!


12 posted on 12/25/2017 8:02:15 PM PST by JohnyBoy (The GOP Senate is intentionally trying to lose the majority.)
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To: eastforker

I just saved $2,000 on Federal Taxes by switching to Trump.


13 posted on 12/25/2017 8:21:56 PM PST by Vendome (I've Gotta Be Me - https://www.youtube.com/watch?v=wH-pk2vZG2M)
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To: eastforker

bkmrk


14 posted on 12/25/2017 8:28:55 PM PST by morphing libertarian (Build Kate's Wall)
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To: eastforker

The Trump Effect....


15 posted on 12/25/2017 8:50:36 PM PST by july4thfreedomfoundation (SCHLONGED: How Donald Trump Beat My Lying, Marxist Ass and Went On to Win the November Election. HRC)
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To: july4thfreedomfoundation

“The Trump Effect....”

definitely. as soon as i heard amazon/fedex/ups/etc and the rest could no longer guarantee delivery by Christmas, I knew what was up: massive Christmas shopping season due to economic optimism ... I said to Mrs. Catnipman: Trump Effect!


16 posted on 12/25/2017 10:08:06 PM PST by catnipman ( Cat Nipman: Vote Republican in 2012 and only be called racist one more time!)
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To: ViLaLuz

I know a few deluded ones.

They’re all state gov-co drones.


17 posted on 12/26/2017 3:52:58 AM PST by wally_bert (I didn't get where I am today by selling ice cream tasting of bookends, pumice stone & West Germany)
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To: ViLaLuz

It is because of 0bama. All he had to do was leave.


18 posted on 12/26/2017 5:27:04 AM PST by Dilbert56
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To: adorno

AND would have blamed Trump if all economic news was currently bad.


19 posted on 12/26/2017 1:11:22 PM PST by CommieCutter ("Trump is god emperor and he will win." -- some hacker)
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To: Dilbert56

+100


20 posted on 12/26/2017 1:14:16 PM PST by CommieCutter ("Trump is god emperor and he will win." -- some hacker)
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