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Will The American Consumer Save the World Economy? -11/30/08 at 12:04 PM CSTby Mahyar Hashemi

Retail industry research firm, ShopperTrak RCT, has declared that total Black Friday sales rose 3% this year, to about $10.6 billion nationwide. So far, that appears to be higher than expected as analysts have cut their outlooks considerably. Overall sales for the holiday are expected to rise 2.2%, which would be higher than the 2002 holiday, where sales ...

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