$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]
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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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