Expected a slight increase of 0.6% in U.S. Thanksgiving long weekend sales

In Daily Market Review, English
November 23, 2020

Expected a slight increase of 0.6% in U.S. Thanksgiving long weekend sales
This Thursday (26th) is the American Thanksgiving holiday. And the next Friday is the so-called “Black Friday”, a big day for retail sales in the United States. Usually, from the long weekend after the Thanksgiving holiday, its sales will be used to measure the quality of Christmas retail sales in the United States this year. Therefore, the US sales this weekend has attracted much attention from the market. In the face of the epidemic and the weak labor market, Reuters quoted “Oxford Economics” to estimate that sales during the long weekend of Thanksgiving in the United States will only grow slightly by 0.6%.

 


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