November 29, 2010
And the annual seesaw begins: On Saturday the Statesman reported that “Black Friday traffic and sales indications appeared to be topping expectations…One analyst said that the increase could translate to a 4 percent or 5 percent holiday-spending jump this year from a year ago.”
On Saturday the Statesman reported that sales had edged up only slightly—retail spending rose only .3 percent, according to data released by a research firm.
Now we’ll get thrice-weekly updates about how seasonal sales are up—no, down—no, up…
Call me in January with the final total, and save all the newsprint in the meantime.