There's evidence American consumers are very much in a buying mood. Adobe estimates shoppers spent as much as $9 billion on Black Friday. Consumers are also expected to show up for Small Business Saturday and Cyber Monday. I joined CBS Saturday Morning to look at what this spending could mean for the upcoming holiday season.

Retail sales increased by 1.7% last month, and an overall 16.3% compared to last year. I joined CBS Mornings to explain what's behind the increase and what it means for the upcoming holiday shopping season.