Black Friday spending increased this year - Action News 5 - Memphis, Tennessee

Black Friday spending increased this year

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(WMC-TV) – It is estimated that more than 35 million people ventured away from their turkey dinners to take advantage of Thanksgiving deals - both in stores and online.

That is actually up 6 million over last year. Overall spending was also up this year - and those are good signs for the economy.

According to a National Retail Federation Survey, more than 89 million shoppers braved the crowds on Black Friday. That number is up 3 million from last year.

In stores, the average holiday shopper spent $423 this weekend. That is up from last year's average of $398.

And online this year, consumers spent more of their holiday budget with the average person spending $172.

Also, a lot of people are not waiting for Santa or a significant other to bring their gifts this year. In fact, eight in 10 shoppers purchased gifts for themselves over the weekend.

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