Inflation and recession fears reshape U.S. Black Friday shopping as many prioritise essentials over holiday splurges.
Breakdown
- Black Friday marks the unofficial start of the US holiday shopping season, crucial for retailers' annual profits. 23s
- This year, shoppers are facing inflation, higher living costs, and concerns about tariffs and recession. 32s
- Retailers have extended Black Friday sales to last all week, followed by Cyber Monday. 1m 19s
- A record 187 million people are expected to shop between Thursday and Monday, with many using credit cards and some incurring debt. 1m 50s
- The White House expects improvements to the cost of living to begin in 2026. 2m 38s