White House Confident on US Economic Growth as Black Friday Spending Rises

Sales on Black Friday increased by about 10 percent, a top White House economist said.
White House Confident on US Economic Growth as Black Friday Spending Rises
Director of the White House National Economic Council Kevin Hassett during a television interview at the White House, Monday, Aug. 4, 2025, in Washington. Alex Brandon/AP Photo
Jack Phillips
Jack Phillips
Breaking News Reporter
|Updated:

The White House is more confident that the U.S. economy will grow in 2026 after spending around Thanksgiving and Black Friday rose, White House economic advisor Kevin Hassett said on Sunday.

Hassett, who is head of the National Economic Council, said in an interview with CBS News’s “Face the Nation” that there was about a 10 percent increase in online sales on Black Friday, compared with the annual shopping day last year.
Jack Phillips
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California's Central Valley. Follow him on X: https://twitter.com/jackphillips5
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