US Black Friday is the one day sale pre ThanksGiving that often allows business sell almost 50% of the entire trade for the year.
So it has always being considered a pulse for the real economy (not Wall Street).
This year sales crashed 11% from USD57.4 to USD50.9 billion with an average spend decrease of 6%.
Internet sales were at 42%, stable (as now a the whole world can participate).
This is because the middle class in the US has been obliterated, a few become millionaires – most they end up in the poverty class – and that is why President Obama has been so trashed in the last election.
Yes the stock market is at the top, but it for over 80% is owned by the top wealthiest quartile.
investorpolitico 