US economic uncertainty means bigger 'Black Friday' discounts

The retail sector gears up for holiday gift purchases with Black Friday and Cyber Monday. Markdowns are expected to be deep due to economic unease and inflation. The National Retail Federation predicts record consumer turnout. Retailers have been promoting Black Friday sales early to win over consumers. Hot items this season include Lego, Hot Wheels, Barbie, game consoles, Meta Quest 3, new iPhones, and tablets. Consumers are cautious with their spending and are looking for deals on items they need. The US economy remains resilient despite higher interest costs and potential vulnerabilities.