November 29, 2013
Business Dynamics Statistics Visualization Tool Now Released
The Census Bureau has recently released a new Business Dynamics Visualization Tool that can explore business characteristics for states including Missouri. These include thematic maps, bar charts, time series and analysis examples.
2013 Holiday Retail Sales Outlook
Retail sales during the winter holiday season represent an indicator of economic activity and consumer sentiment. According to the National Retail Federation, the number of shoppers for the holiday increased from 139 million last year to a record-breaking 141 million shoppers this year with the average holiday shopper spending $407. Midwest consumers spent an average of $386 during Black Friday weekend. Total spending nationwide for the weekend was estimated at $57.4 billion. Cyber Monday sales jumped 18 percent to rank as the heaviest spending day in history with online sales for the five-day weekend topping $5.3 billion, a 22 percent increase from last year.