The official Christmas shopping season has begun and early reports are people are willing to spend.
While retail executives tend to project optimism in media appearances on Black Friday, they still have weeks to wait for total returns from the holiday season between U.S. Thanksgiving Day, which fell on Thursday, and Christmas on December 25.
Early anecdotal evidence from shoppers who lined up at stores well before dawn on Friday and from industry analysts who hopped between several malls suggested traffic was strong and the appetite to buy was up from a year ago.
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