Robust post-Thanksgiving sales defy economic doomsayers, White House's chief economist says
PositiveU.S News
- White House National Economic Council Director Kevin Hassett reported a strong sales performance for retailers during the post-Thanksgiving weekend, describing it as a 'blockbuster' despite prevailing economic pessimism surrounding President Trump's administration. This positive sales trend contrasts with broader concerns about economic stability and consumer spending habits.
- This development is significant as it highlights the resilience of consumer spending, which is crucial for economic growth, especially in the face of narratives suggesting a downturn. The positive sales figures may bolster confidence in the administration's economic policies and messaging.
- The contrasting sentiments regarding the economy reflect ongoing debates about the effectiveness of the current administration's economic strategies. While some reports indicate rising consumer anxiety and spending cuts due to economic instability, the robust sales figures suggest that certain sectors may still thrive, indicating a complex economic landscape.
— via World Pulse Now AI Editorial System






