Christmas Facts |
Strange Christmas Facts |
of Christmas |
The month leading up to Christmas is traditionally the
busiest shopping period
of the entire year. Presented below are some facts and figures about the
economics behind the Christmas holiday:
- For many countries, Christmas is the single largest
annual economic stimulus.
- The day following Thanksgiving Day in the United
States is referred to as "Black Friday". This traditionally marks the
beginning of the official Christmas shopping season.
- It is estimated that consumers spent over $52 billion
and $45 billion over the Thanksgiving weekends in 2011 and 2010.
- The Monday immediately following Black Friday is
sometimes referred to as "Cyber Monday" as it is the busiest online shopping
day of the year.
- Over $1.2 billion was spent online on Cyber Monday in
2011 which represents a more than 100% increase since 2006 (where sales were
estimated at around $600 million).
- The US Postal Service sells an estimated 1.3 billion
holiday stamps every year.
- Over 90% of Americans indicate that they exchange
gifts during the Christmas holiday.
- In 1998, it is estimated that Americans spent $1.5
billion purchasing Christmas trees.
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