Black Friday spending dropped this year despite the media’s attempt to pimp the ‘record crowds’ Black Friday spending dropped 3% this year. There are a couple of reasons. The economy which is getting worse, and of course ObamaCARE. The media wouldn’t tell you that though. Yahoo/AP tries to put a spin on the ‘unexpected’ drop in spending:
A record 141 million people are expected to shop in stores and online over the four-day Thanksgiving weekend that ends Sunday, up from last year’s 137 million, according to the results of a survey of nearly 4,500 shoppers conducted for The National Retail Federation.
But total spending is expected to fall for the first time ever since the trade group began tracking it in 2006, according to the survey that was released on Sunday. Over the four days, spending fell an estimated 2.9 percent to $57.4 billion.
At least the stores were able to handle the ‘record crowds.’