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Trump: US Sales Exceed 1 Trillion In Holiday Season

2016/12/31 17:29:00 21

MarketShoppingTrump

 Trump

On Tuesday, the US President elect Donald Trump, Donald.

Trump

Tweets on Twitter said that after his election victory,

market

The mood is pessimistic, but now the stock index is up 10%, and the US sales in the holiday season are over 1 trillion.

Its tweets indicate the market's erroneous judgement.

Although the above tweets are similar to those of Donald Trump Donald Trump, the sale of "holiday season 1 trillion" is also unknown.

However, after its election as the new president of the United States, the three major U.S. stock indexes did continue to rise, and sales in the holiday season are booming.

According to the Washington based National Retail Federation (NRF), sales in the US retail market (excluding cars, natural gas and restaurants) will increase by 3.6% to 655 billion 800 million dollars in the holiday season of November 2016 and December, higher than the average growth rate of 2.5% over the past 10 years, which is also higher than 3.4% in the 2009-2015 years after the financial crisis, with non entity retailers expected to increase 7-10% to $117 billion.

According to the latest data of Customer Growth Partners CGP (CGP), the company expects us retail sales to reach US $637 billion in the holiday season in 2016, an increase of 4.9%, a eleven year high, and the agency's previous forecast was 4.1%.

Craig Johnson Johnson, President of CGP, said that factors like unemployment and fuel prices and rising real disposable income have stimulated sales in the holiday season this year.

The agency also predicted an increase of 15% in online sales, and the latest forecast on Tuesday was higher than the previous 14% forecast.

According to the world clothing and shoe net, only Deloitte, DDT, issued a report in September. It is expected that retail sales in the US holiday season will reach US $1 trillion, but this calculation covers November 2016, December and January 2017. It is different from the US retail industry's recognition of the traditional holiday season. In addition, the report was released before the election and did not consider whether Donald Trump Donald Trump was elected.

NRF spokesman Ana Smith said in an interview on Tuesday that NRF's prediction and Deloitte's research were "nine hum eight".

Meanwhile, the The Conference Board, which is based in New York, said on Tuesday that the US consumer confidence index hit a 15 year high of 113.7 in December, estimated at 109, and 11 after the menstrual correction was 109.4 Board, the former value was 107.1.

The agency said that since Donald Trump Donald Trump was elected president of the United States in November, the American people saw that the business situation was further enhanced, the share price rose and the employment market improved further.

Lynn Franco Franco, head of economic indicators at the world Research Institute, said the data showed that the US economy continued to grow in the last few months of the year.

And looking forward to 2017, whether consumers will continue to have confidence in the economic outlook depends on whether their expectations can come true.

The agency said consumer confidence increased as consumers' assessment of the current situation dropped and increased expectations for the future.

After the surprise victory in the US presidential election, Donald Trump, Donald, Trump, and the three major indexes of the US stock market registered a record high, with the S & P 500 rising by 6% and the Dow rose nearly 10%.

Meanwhile, the US unemployment rate has dropped to 4.6% in recent years, the lowest since the end of the great recession.

However, there is also a worrying voice in the market.

Ken Perkins, President of Retail Metrics, a retail research firm, pointed out in a report before Christmas that the retail sales growth of Black Friday black five this year slowed down. Although Super Saturday Saturday exceeded six, it did not necessarily offset the downturn in passenger traffic in the early December, and sales in the US retail market in November were not as good as expected.

According to the US Department of commerce data, the US retail market grew by 0.1% in November, the lowest in the past three months, and significantly lower than expected. It is expected to be 0.3%, the former value 0.8%, revised to 0.6%.

According to the world clothing and footwear net, sales in the first half of November and December fell by 4%.

Marshal Cohen, an analyst at the agency, said the first six weeks of the holiday season were worse than retailers thought, but he pointed out that retailers are getting higher and higher discounts to deal with the situation.

Alix Partners, the investment consultancy, expects sales growth in the holiday season to be 3.3-4%.

As for the final performance of the US retail market in the 2016 holiday season, there is no result yet. It remains to be concluded whether the consumption intention will continue the performance of super Saturday. But the only certainty is that Amazon.com Inc. (NASDAQ:AMZN), the world's largest electricity supplier, can continue the record holiday season.

Amazon.com Inc. Amazon said Tuesday that the company shipped more than 1 billion shipments during the holiday season, the best in history, especially for smart home products Echo and Echo Dot.

The group also said that more than 72% of the world's customers were shopping through mobile devices, and December 19th was the busiest season of the year.

Shopping

Day.

More interesting reports, please pay attention to the world clothing shoes and hats net.

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