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Holiday Shopping

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Holiday Shopping - The Economy’s Final Push from the Red

Black Friday is the Grand Marshall of the holiday shopping season; it starts a race in holiday season for shopping and spending, which in return creates new job opportunities. Shoppers race around the malls looking for the best gifts at the best prices. The frenzy of the holiday season combined with the sales of Black Friday are greatly beneficial to the US economy. As supply and demand increases with the holiday season season, so does spending and the job market. Black Friday is more than just a day of sales, it is a day to help boost the economy spending and profit. One of the theories behind the name “Black Friday” really sums up the effects of the day. The story says that majority of the year, retailers are operating at a financial loss. To show this loss, the accountants note the negative totals in red ink. Starting with the Black Friday sales retailers really begin to turn a profit, and climb out of the negative holes they live in all year. Once out of the negative, accountants begin to use black ink to show the totals. Thus, “Black Friday” was born. This story may not be the most accurate or historically backed, but there is some truth behind it as far as the after affect of Black Friday. Retailers make a large portion of their yearly profit during the holiday season. It may not have started out as big as it is today, but at present time the Friday after Thanksgiving is a huge shopping day in the US. Folks save up their money for months and months and line up days early to shop their heart’s content for the holiday season. Demand may possibly be at an apex as shoppers look for the perfect or trending gift of the season for their loved ones. There is no doubt that profits go up that day, and thankfully continue to rise throughout the holiday season. When profits go up, the economy goes up. Regardless of how Black Friday was actually named, it really is great year end push to get out of the negative; not just for individual businesses but for the economy as a whole. The holiday season not only helps the economy by putting more money into circulation, but it also provides new job opportunities. It starts a busier than usual shopping season causing an increase in demand; but not just for merchandise, but for extra workers and even new markets. Black Friday may be the big day for sales, but the sales and shopping continue throughout the remainder of the year. Demand is at it’s all time high for some products. This is great time for the job market. When demand goes up in stores, demand goes up for the manufactures as well. To meet the higher demands, manufactures have to increase their work force to ensure the higher quantities that are being demanded can be met. Local stores are also affected by the increase. Shop traffic increases and items begin selling faster than before. To support the new quantities being supplied, shops usually have to hire more workers. Extra support is needed to help maintain the larger crowds, track the faster moving stock on and off the shelves, and provide customer support to the increase of demanding customers. The holiday shopping season doesn’t just impact manufacturers and our local malls and gift shops. The season also opens up a opportunity for new markets entirely. After Black Friday, the true Christmas season begins. There are certain markets that are only valued and really profitably during the that of the year. I’m talking about Christmas Tree lots, Christmas decor shops, gift wrappers and light hanging services; items and services that are particular to the holidays only. These little stands pop up all over and make a can great profit for the private or commercial owners who run them. Each stand, shop or lot employs a few more individuals. It is clear that the holiday season causes an increase in demand for products, spurring a rise in the economy via the job market. The holiday shopping season begins with Black Friday and keeps going until year end; all the while promoting and supporting a healthier economic situation in the US through profits and business. The sales on Black Friday creates a spending frenzy that continues until year end. Sales go up, shop requires more workers, and seasonal shops are given a brief moment to shine. Demand is up, supply is up, revenue is up, and new job markets become available. Black Friday and the holiday shopping season are a great last minute economic push to get ourselves out of the red.

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