pelespirit@sh.itjust.works to Showerthoughts@lemmy.world · 3 days agoMost of us are the bottom row to the billionaire's pyramid scheme.message-squaremessage-square14fedilinkarrow-up1203arrow-down13file-text
arrow-up1200arrow-down1message-squareMost of us are the bottom row to the billionaire's pyramid scheme.pelespirit@sh.itjust.works to Showerthoughts@lemmy.world · 3 days agomessage-square14fedilinkfile-text
minus-squarevane@lemmy.worldlinkfedilinkarrow-up2·13 hours agoI know that if consumers stop buying during Black Friday and Christmas all economy will collapse because it’s around 40-50% of companies income. There is some data here https://www.pwc.com/us/en/industries/consumer-markets/library/holiday-outlook-trends.html https://www.deloitte.com/us/en/insights/industry/retail-distribution/holiday-retail-sales-consumer-survey.html
I know that if consumers stop buying during Black Friday and Christmas all economy will collapse because it’s around 40-50% of companies income.
There is some data here
https://www.pwc.com/us/en/industries/consumer-markets/library/holiday-outlook-trends.html
https://www.deloitte.com/us/en/insights/industry/retail-distribution/holiday-retail-sales-consumer-survey.html