go-Digital Blog on Digital Marketing

Holiday 2009 Spending Comeback

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/9r_RubN-Bbk/youre-saving-the-economy-average-gadget-spending-up-from-160-to-190

Believe it or not, that’s what the latest data shows: The economy is bouncing back, or at least, retail spending is. The trend is clear especially in electronics, where spending has skyrocketed from a little above $160 to almost $190.

That figure is the average spending per user, post-Black friday. The main winners were Best Buy—with a 18.3% year-over-year growth—and Fry’s—with a 12.2%. No only that but, spending in the high end retail has also increased, reverting a negative trend.

Great. Now all those people without a single penny in the bank will be able to be rejoice. [Mint]

Tags: bank, bbk, Believe, best buy, Black, black friday, data, economy, end, figure, friday, Fry, gadget, gawker, Great, growth, mdash, Mint, negative trend, penny, post, retail, retail spending, spending, trend, user