Christmas

How Christmas Effects the Economy

3 Questions

1: How many online purchases do we make?

A: Online shopping jumped 16.4 percent on Christmas Day over last year, and the dollar amount of those purchases that were made using mobile devices leaped 172.9 percent.


2: What is the most popular item to buy around Christmas?

A: Electronics (smartphones, iPads, tablets, computers, TVs, etc.)


3: How much do we spend on Christmas decorations?

A: About 6 billion on just the lights


Supply & Demand

Competition

Employment & Unemployment

The total estimate spent on Christmas is 465 billion, if all of this money was spent on US made products it would create 4.6 million jobs. If each American spent a small amount of money (About $64 each) it would create 200,000 jobs

Weird News

Most of Santa's reindeer have male-sounding names, such as Blitzer, Comet, and Cupid. However, male reindeer shed their antlers around Christmas, so the reindeer pulling Santa's sleigh are likely not male but female.