Seeking Alpha

One more Black Friday survey: Shoppers favored cash, with the lowest percentage ever using...

One more Black Friday survey: Shoppers favored cash, with the lowest percentage ever using credit cards over the weekend: 16.3%, vs. 30.9% last year. It's another caution for retail forecasts, as customers may spend twice as much when using credit. (Black Friday retail spending)
From other sites
Comments (2)
  • Jason Tillberg
    , contributor
    Comments (1268) | Send Message
     
    they want to get rid of the confetti from Washington as soon as they get it. And they have no credit available to them.

     

    hence why gold and silver soaring.
    30 Nov 2010, 01:05 PM Reply Like
  • Poor Texan
    , contributor
    Comments (3533) | Send Message
     
    Hallelujah. Personal responsibility in shopping habits. There may yet be hope for the country.
    30 Nov 2010, 03:02 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs