Saturday, November 27, 2010

Looks like a rollicking "Black Friday"

Hello Capitol One ? Yes, Can you uh..extend my credit limit??
If news reports from all across the country turn out to be accurate. Friday will probably turn out the the biggest days of the year for retailers. The Boston Herald writes "if last year's black Friday was shoppers gone mild, this year it's shoppers gone wild". Similar reports were filed throughout the country.
In driving around locally Friday, I did notice that there was brisk traffic at both Wal-Mart and Target. I didn't really bother to go to the Mall but it probably was more of the same. The consensus seems to be that there was quite a bit of pent-up consumer demand that was unleashed today. It might be that a lot of people were out shopping for something for themselves as a reward for coping with the downed economy for the last couple of years.
It will be interesting to see if this end-of-year spike in consumer spending carries over into the early part of 2011. You can bet your bottom dollar that the in-coming republicans are already trying to spin this apparent economic improvement to suit their needs. So what else is new?


  1. It was brutal out there. Brutal, I say. I agree that the Republican Party will say that it was all due to them. After all, what else is new?

  2. Sounds like it went from brutally slow to brutally busy. Thanks 4 the comment