Saturday, December 22, 2012

Will Black Friday save the economy? | Reduction

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Will Black Friday save the economy?

Jordan 2011 - World Economic Forum Special Meeting on Economic Growth and Job Creation in the Arab World
Jordan 2011 - World Economic Forum Special Meeting on Economic Growth and Job Creation in the Arab World by World Economic Forum
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Excerpt:

(MoneyWatch) "I hate to eat and run, but a door-buster awaits!" As if Black Friday and Cyber Monday were not enough, this year Wal-Mart, Sears, Toys R Us and Target will open for company on the night of Thanksgiving. Stores and financial experts alike are wishing that consumers offer thanks by opening their pocketbooks this week. The National Retail Federation forecasts vacation sales will raise 4. 1 percent this year to $ 586. 1 billion. Actual vacation sales in 2011 expanded 5. 6 percent, better than the 10-year average yearly growth rate of 3. 5 percent. Additionally, shop. org expected online vacation sales to grow 12 percent over last holiday season to as much as $ 96 billion.

People:

Sandy

Overall Sentiment: -0.139268

Relevance: 0.621809

Additional Info:

Holiday: Thanksgiving

Overall Sentiment: 0

Relevance: 0.533948

Organization: National Retail Federation

Overall Sentiment: 0

Relevance: 0.555288

Company: Wal-Mart

Overall Sentiment: 0

Relevance: 0.525303

Company: Toys R Us

Overall Sentiment: 0

Relevance: 0.486552

Company: Sears

Overall Sentiment: 0

Relevance: 0.470223

Disambiguation: References:

FieldTerminology: GDP

Overall Sentiment: -0.103958

Relevance: 0.799236

FieldTerminology: Retail sales

Overall Sentiment: -0.100201

Relevance: 0.533792

FinancialMarketIndex: S&P 500

Overall Sentiment: 0.179998

Relevance: 0.573153

FinancialMarketIndex: NASDAQ

Overall Sentiment: 0.0237423

Relevance: 0.526215

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