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Holiday Season and Small Business Saturday Economic Facts 2016 · 2020. 5. 2. · Holiday Season...

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$16.2 billion Total spent on this day last year by 95 million consumers who supported small businesses 10 West Lafayette Street Trenton, NJ 08608 609-393-7707 www.njbia.org [email protected] FOR A BUSINESS LIKE MINE 112816VB Holiday Season and Small Business Saturday Economic Facts 2016 Small Business Saturday, a designated day to celebrate and support small businesses during the holiday season, occurred this year on November 26 The two leading industries in employment in New Jersey – retail, and accommodation and food services – benefit greatly from the holiday season +70,000 small retail trade firms in NJ employing 181,000 workers +27,000 small accommodation & food services employing 154,000 workers $903+ The average each consumer will spend $650 billion+ Total the National Retail Federation predicts American consumers will spend shopping this holiday In 2015, retail holiday sales were the highest in the following industries: Food and beverages Electronic shopping and mail-order retail Warehouse clubs and superstores November 26 640,000 Seasonal workers retailers are expected to hire
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Page 1: Holiday Season and Small Business Saturday Economic Facts 2016 · 2020. 5. 2. · Holiday Season and Small Business Saturday Economic Facts 2016 Small Business Saturday, a designated

$16.2 billionTotal spent on this day last year by 95 million consumers who supported small businesses

10 West Lafayette StreetTrenton, NJ 08608

609-393-7707www.njbia.org [email protected]

FOR A BUSINESS LIKE MINE

112816VB

Holiday Season and Small Business Saturday

Economic Facts 2016

Small Business Saturday, a designated day to celebrate and support small businesses during the holiday season, occurred this year on November 26

The two leading industries in

employment in New Jersey – retail, and accommodation and food services –benefit greatly from the holiday season

+70,000 small retail trade firms in

NJ employing 181,000 workers

+27,000 small accommodation & food

services employing 154,000 workers

$903+The average

each consumer will spend

$650 billion+Total the National Retail

Federation predicts American consumers will spend shopping

this holiday

In 2015, retail holiday sales

were the highest in the following

industries:

Food and beverages

Electronic shopping and

mail-order retail

Warehouse clubs and superstores

November

26

640,000Seasonal workers retailers are expected to hire

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