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Mon Dec 1, 2014, 11:58 AM

$$$ loses to the Bird

NEW YORK (AP) Black Friday fatigue is setting in.

Early discounting, more online shopping and a mixed economy meant fewer people shopped over Thanksgiving weekend, the National Retail Federation said Sunday.

Overall, 133.7 million people shopped in stores and online over the four-day weekend, down 5.2 percent from last year, according to a survey of 4,631 people conducted by Prosper Insights & Analytics for the trade group.

Total spending for the weekend is expected to fall 11 percent to $50.9 billion from an estimated $57.4 billion last year, the trade group estimated.

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Reply $$$ loses to the Bird (Original post)
kpete Dec 2014 OP
djean111 Dec 2014 #1
Brickbat Dec 2014 #2

Response to kpete (Original post)

Mon Dec 1, 2014, 12:00 PM

1. Not a surprise, when the economy really only is going splendidly for Wall Street.


I don't think the 1% buy their yachts on Black Friday.

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Response to kpete (Original post)

Mon Dec 1, 2014, 12:03 PM

2. This article provides a good peek behind the curtain.

This story is bad news only if you accept the premise that Black Friday is an inevitable requirement of the holiday season.

It's nothing. It's as meaningless a standard as the DJIA as far as illustrating how the nation's economy is performing and affecting the majority of people.

It's a day picked to measure something that has nothing to do with most of us, and to make us feel something about it.

People are still buying -- according to the article itself, they just bought earlier and online. This article is a downer only if you accept numbers of shoppers and spending on a particular movable weekend as significant economic indicators.

If you live your life and don't give a shit about such things, it's easy to ignore.

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