Christmas is celebrated in the United States on the 25th of December. Christmas is a civil holiday and is celebrated by an increasing number of non-Christians, and is an integral part of the holiday season. Christmas is typically the largest economic stimulus for many nations around the world as sales increase dramatically in almost all retail areas. The United States' retail industry generated over three trillion U.S. dollars during the holidays in 2013. These holiday sales reflected about 19.2 percent of the retail industries total sales that year. The Christmas shopping season can start as early as September and some consumers begin even earlier. The economic impact of Christmas is a factor that has grown steadily throughout the United States and the world and will continue to be a significant event and key sales period for retailers and businesses.
Source: statista.com
Gen-Z has overtaken Millennials by nearly 4 million to become the largest generation in the United States. Baby Boomers are the third-largest generation with the population of 69 million persons in 2020. With a current population of around 86 million, the Gen-Z generation is expected to grow to 88 million over the next 20 years because of migration, according to the United Nations' latest World Population Prospects. The boundaries that define generations are not universally agreed, and yet these boundaries carry important implications in business and government. The size,...
Over the last three years, car sales in the US market have set new all-time records and included a collection of manufacturers that extends well beyond the American classics. In 2015, vehicle sales in the US reached nearly 17.5 million units, a growth of 5.7 percent from 2014 and 25,000 more vehicles than the record setting sales in 2005. The year 2000 marked a turning point in the US auto industry: it was the last year that General Motors and Ford Motor Company combined made up at least 50 percent of the US market share. GM’s share of the US market has decreased almost 3 times...
In 2015, at least 892 "hate" groups were operating throughout the United States, according to Southern Poverty Law Center (SPLC). This represents a 14 percent increase from the 784 groups recorded a year before. Still, the current figures are lower than the all-time high in 2011 as traditional organised extremism continues to shrink in favor of collective and individual cyber-based activism. The SPLC defines a hate group as an organised movement that has beliefs or practices that attack or malign an entire class of people based on religion, race, sexual orientation, gender,...
Prosper Insights & Analytics has 18 years of experience producing market leading monthly survey-based research of consumers' overall confidence. In its most recent survey, Prosper asked consumers about their concerns with regard to the coronavirus pandemic and the related cancellation of major events. You can explore Prosper's latest findings in depth below, but we'll give the spoiler: 82% of US consumers expressed one form of concern or another and believe that they will somehow experience direct consequences of the pandemic. Moreover, for the first time in six months there is...
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