5 things not to buy on Black Friday: 'The economy is probably doing better than it feels right now'

Canada News News

5 things not to buy on Black Friday: 'The economy is probably doing better than it feels right now'
Canada Latest News,Canada Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 97%

Read this before blowing too much money on Black Friday.

Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to projections from the National Retail Federation. That’s up from last year when holiday sales hit a record $889.3 billion, the trade association said.

Despite a strong labor market and unemployment hovering at 3.7% in October, Rossman said, “it still seems like a recession is likely in 2023, although the best guess is that it will be a mild one.” The software and analytics provider said computer discounts could go much steeper, up to 32% off the base price before the end of the year. Cyber Monday could be the best day for bargains on computers, Adobe said, but computer deals may stick around for the rest of 2022.

Fashion-conscious shoppers inclined to snap up discounted items may want to practice patience on Black Friday. Apparel may have even deeper discounts after the holidays. If you feel compelled to buy something new to wear to the office party, invest in quality pieces. Fast fashion has a cost: It has contributed to a waste crisis, in part because such items are not meant to last very long in your closet.

You might be tempted by offers and rebates on matching kitchen suites — typically a refrigerator, range, dishwasher, and microwave — from the same maker,” Consumer Reports said. “But price is only part of the equation when you’re purchasing appliances. Reliability is key, and it can vary within a brand’s offerings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

This Is Why Black Friday Is Called 'Black Friday' — Best LifeThis Is Why Black Friday Is Called 'Black Friday' — Best LifeEver wondered where the name 'Black Friday' came from? Here's the surprising reason why the retail holiday is called 'Black Friday.'
Read more »

Saks’s Black Friday Sale Is On! 40 Delightful Deals to Shop NowSaks’s Black Friday Sale Is On! 40 Delightful Deals to Shop NowStart your Black Friday shopping now with Saks’s Black Friday Sale.
Read more »

Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Retailers will open early on Friday for Black Friday sales. Check out the list of store hours.
Read more »

Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Black Friday 2022: What time does Macy’s, Walmart, Best Buy, Kohls and others open Friday?Retailers will open early on Friday for Black Friday sales. Check out the list of store hours.
Read more »

The Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday outdoor market promotes Black businesses - Jacksonville Business JournalThe Real Black Friday Melanin Market will take place on the Historic Eastside at 822 A. Philip Randolph Blvd.
Read more »



Render Time: 2025-02-27 23:45:37