AN­OTHER TRUMP BUMP

The Washington Times Weekly - - Politics -

There may be lin­ger­ing an­noy­ance over the midterms elec­tions, and the news me­dia is in per­pet­ual an­noy­ance over Pres­i­dent Trump. But the vig­or­ous econ­omy has put most folks in a very good mood.

“Shop­pers are ex­pected to spend $1 tril­lion this hol­i­day sea­son. Most cus­tomers, es­pe­cially mil­len­ni­als, plan to spend more this year than they have in pre­vi­ous years. They’re con­fi­dent in the econ­omy and want to make big pur­chases,,” writes con­trib­u­tor Blake Mor­gan.

The tril­lion-dol­lar fig­ure caps off a very good year. Re­tail sales have in­creased by a “healthy” 5.6 per­cent in the last year ac­cord­ing to the Na­tional Re­tail Fed­er­a­tion — which says this bump is a sign of “on­go­ing con­sumer strength which is con­sis­tent with the state of the U.S. econ­omy” — and the “strong mo­men­tum” should con­tinue. Mean­while, con­sumer con­fi­dence is very ev­i­dent. From Thanks­giv­ing Day through Cy­ber Mon­day, the re­tail or­ga­ni­za­tion es­ti­mates that 164 mil­lion bustling Amer­i­cans were shop­ping.

“Re­tail is a vi­brant, dy­namic and com­pet­i­tive in­dus­try, but one thing is cer­tain — con­sumers are the

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