Black Friday, the purported biggest shopping day of the year, now has an online companion – Cyber Monday. The Monday after Thanksgiving has, in recent years, been dubbed by that name due to the large amount of people going online to find great deals, just like they do when they get up at 4 am to find deals at the mall.
The Holiday shopping season always increases the amount consumers spend on others and themselves. In the age of the internet it is no surprise that this has moved online. e-commerce sites like Amazon and eBay are bombarded by visitors; the influx of spending even spills over into online investing with online brokers and stock picking services like Gorilla Trades. Hopefully continued consumer spending can help boost the overall economy at least a little bit.
