Saturday, November 6, 2010

Black Friday News: Black Friday 2010 Overall Predictions

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Black Friday 2010 Overall Predictions: The 2010 Black Friday climate is not the greatest. While in 2009 during this time the economy grew at 5.6%, the economy is now projected to slow to an anemic 1.4%. This, combined with a massive unemployment rate at 9.6%, foreclosure problems, a lack of credit, and an overall unease about the economic conditions have brought a lot of concern and frugality into the US household. US household average savings is now 7%, the highest in a very long time. These factors do not set up the greatest Black Friday for retailers. Specifically...
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