Spinning Black Friday Retail Sales

Monday, December 01, 2008 | 09:27 AM

A few things you can count on every year around this time:

  1. Sales data for Black Friday will be touted by biased interest groups. They are invariably have an upside bias;
  2. Headline writers will get it wrong
  3. Survey data will be taken as the equivalent of actual sales;
  4. Strong forecasts will be subsequently proven wrong;

Such is the current situation with the Black Friday sales data, with reports still trickling in from around the country.

CONTINUED HERE

Monday, December 01, 2008 | 09:27 AM | Permalink
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