American consumers just flexed hard during the Thanksgiving shopping marathon. Online spending jumped 7.7% year-over-year, hitting $44.2 billion across the five-day period. That's some serious retail momentum right there.
What does this mean for broader markets? Strong consumer spending usually signals economic resilience—households aren't pulling back despite rate pressures. For crypto folks watching macro indicators, this kind of data matters. When traditional money flows freely, risk appetite tends to follow.
The growth rate isn't explosive, but steady gains in consumer activity often correlate with capital rotation into alternative assets down the line. Worth keeping on your radar as we head into year-end positioning.
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American consumers just flexed hard during the Thanksgiving shopping marathon. Online spending jumped 7.7% year-over-year, hitting $44.2 billion across the five-day period. That's some serious retail momentum right there.
What does this mean for broader markets? Strong consumer spending usually signals economic resilience—households aren't pulling back despite rate pressures. For crypto folks watching macro indicators, this kind of data matters. When traditional money flows freely, risk appetite tends to follow.
The growth rate isn't explosive, but steady gains in consumer activity often correlate with capital rotation into alternative assets down the line. Worth keeping on your radar as we head into year-end positioning.