More proof that Back Friday data is bunk:

Bloomberg’s Michael McKee explains why you shouldn’t get excited over reports of sales gains on Black Friday. He speaks on Bloomberg Television’s “In The Loop.”

Source: Bloomberg, Nov. 26 2012

Category: Consumer Spending, Really, really bad calls, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Why Black Friday Numbers Don’t Mean Anything”

  1. dregstudios says:

    Is nothing sacred? This week proved the holidays have slipped away from the general public and been completely bastardized by Big Business. The traditional meaning of Thanksgiving and Christmas both have been diluted by mass consumerism. Read more about the War on the Holidays and American Values being waged from the buildings of Wall Street at where one Turkey gets his revenge for encroaching on Thanksgiving this year!

  2. [...] 13% — what rose were people’s spending intentions (which we know are false). Kudos to Bloomberg’s Michael McKee who mentioned on the television show In The Loop how wrong this reporting [...]