California Apparel News quoted Retail Co-Leader Ron Friedman in a review of Black Friday results.
California Apparel News
By Andrew Asch
This holiday season will be supported by one of the best American economies in the past decade, said Ron Friedman, co-partner of consumer products and retail for the accounting and advisory firm Marcum LLP.
U.S. unemployment in October was at a low 3.7 percent, and consumer confidence is high. “Everything is moving in the right direction,” Friedman said. “Between now and Christmas will be a record-breaking period.”