Discount hunters searching for Black Friday deals have officially kicked off the holiday shopping season. Consumers are forecasted to break spending records in 2024, with the average person expected to spend a little over $1,000, up 14% from last year, according to data from RetailMeNot.

Wary of high prices, consumers plan to spend an average of $650 between Black Friday and Cyber Monday as retailers kick off the holiday shopping season.

Black Friday crowds aren't what they used to be, but shoppers still turned out at brick-and-mortar stores in large numbers this year.