Monday, November 26, 2012

12-11-27 Great Thanksgiving retail data... are they real?


Here is the summary of the Thanksgiving sales data from recent years, copied from Wikipedia. 
Retail sales for the weekend roese almost 50% from 2008 to 2012 (not corrected for inflation).  I just don't understand all the talk about recession/depression, disastrous unemployment rates with such amazing expansion.
Unless the data should not be trusted...
 jz
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The National Retail Federation releases figures on the sales for each Thanksgiving weekend.
YearDateSurvey Published

Total Spent

2012Nov 22Nov 25

$59.1 billion

2011Nov 24Nov 27

$52.5 billion

2010Nov 25Nov 28

$45.0 billion

2009Nov 26Nov 29

$41.2 billion

2008Nov 27Nov 30

$41.0 billion

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