WOW! TRUMP IS MAKING BLACK FRIDAY GREAT AGAIN! THURSDAY SALES ALREADY UP 13% INCREASE FROM LAST YEAR, OVERALL FORECAST BIGGEST INCREASE IN SEVEN YEARS, WILL CREATE 690,000 JOBS

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People are pictured lining up at the entrance of Macy's Herald Square ahead of early opening for Black Friday sales in Manhattan

  • forecasters project overall holiday spending will rise by 3.6 per cent – which would be a bigger jump that the average seen over the past seven years.
  • It was an increase of more than 13 per cent on what was spent during the same time frame in 2015,
  • If spending does increase by the predicted amount, 690,000 new seasonal jobs will be created, according to the NRF. 

( DAILY MAIL ) Long before people got through the doors in stores, more than one-billion had already been spent online.

A staggering $1.15 billion was spent online between midnight on Thursday and 5pm, according to Adobe Digital Insights.

It was an increase of more than 13 per cent on what was spent during the same time frame in 2015, and Adobe said it expected the Thanksgiving Day total to surge past $2 billion in the next few hours.

The forecasters expect almost $900 million of the total figure to come from purchases made on mobile devices.

‘We saw one of our strongest days ever online,’ Target CEO Brian Cornell said, before he added the chain saw double-digit increase in online activity. 

The National Retailers Foundation says online spending over the three-day bonanza will reach an eye-watering $8.4 billion. The NRF’s annual holiday shopping forecast expects $3.05 billion on Black Friday and $3.36 billion on Cyber Monday – which would mean it is the biggest shopping day of all time.

Other forecasters project overall holiday spending will rise by 3.6 per cent – which would be a bigger jump that the average seen over the past seven years.

If spending does increase by the predicted amount, 690,000 new seasonal jobs will be created, according to the NRF. 

It comes after it was revealed retailers have braced for a massive holiday rush this year.

READ MORE: The biggest holiday splurge in HISTORY: Sales surge 13% as stores take a record $2BILLION on Thanksgiving and hope for $3.1billion on Black Friday amid post-election spending boom

 

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