Black Friday spending up 0.5 percent, report says

Discussion in 'Economics' started by piggie2000, Nov 28, 2009.

  1. this is terrible news

    Black Friday spending up 0.5 percent, report says
    Shoppers spend slightly more than last year during Black Friday; sales up 0.5 pct

    By Ashley M. Heher, AP Retail Writer
    On 3:01 pm EST, Saturday November 28, 2009

    CHICAGO (AP) -- A research firm says shoppers spent only slightly more in stores this Black Friday than they did last year.

    Fresh signs of much stronger online sales during the traditional holiday shopping kickoff mean more might have shopped from home.

    Preliminary sales data show shoppers spent $10.66 billion when they hit the malls on the day after Thanksgiving. That's only 0.5 percent more than last year.

    The figures were compiled by ShopperTrak RCT Corp., a Chicago research firm that tracks sales at more than 50,000 stores.
  2. 20% unemployment will result 1% increasing on black Friday sales, I predict. :D
  3. Unemployment has already reached 20%. Run the numbers with the same formula as BEFORE Clinton changed it, and that is the number you will see.
  4. Any increase will meet with a rally, if confirmed by the retail sales numbers next week.