After Black Friday's and Cyber Monday's Sales, Here's How You Can Impact the World – For Good

Dan Celia, president, and CEO of Financial Issues Stewardship Ministries appeared on Monday afternoon's edition of CBN Newswatch to discuss Black Friday, Cyber Monday and the economy. He also encourages everyone to participate in the great American tradition of giving on Tuesday. CBN Newswatch is seen weekdays on  the CBN News Channel.  For a programming schedule, click here.  Thanksgiving has come and gone and so has one of the biggest holiday shopping days of the year. Besides delighting consumers, it also delivered some promising news that will likely make investors happy.New reports show Black Friday was a huge success this year with $7.4 billion in online sales. And most important, many people were shopping in stores over the weekend. But the question remains, how do Black Friday and Cyber Monday affect the economy? Does this show that consumer spending is still healthy? In an interview on Monday afternoon's edition of CBN Newswatch, Dan Celia, president, and CEO of Financial Issues Stewardship Ministries said consumer spending was up 17 percent on Thursday and Friday. "More importantly, good old-fashioned stores set a record sales about 4.2 percent," Celia said. "And they're expecting today or they're hoping for $9.4 billion today on Cyber Monday." When asked about the strength of the economy, Celia said the economy remains strong. "There's no doubt about it. It's telling us that the economy is doing very, very well," he said. "It's kind of what we expected because consumer optimism, con ...Read more

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