Despite A Lackluster Black Friday, Economic Fundamentals Look Good

Published Friday, November 27, 2015 at: 7:00 AM EST

With stocks closing the holiday-shortened week fractionally higher on Friday, business headlines were reporting that Black Friday sales at retailers were disappointing, leading some to worry about a slowing economy. "America's annual Black Friday shopping extravaganza was short on fireworks this year as U.S. retailers' discounts on electronics, clothing and other holiday gifts failed to draw big crowds to stores and shopping malls," Reuters reported Friday."Crowds on early Black Friday morning were thinner than years past at some malls and shopping districts," The Wall Street Journal reported. "Thinner crowds could spell problems for retailers, some of whom entered the holidays warning...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

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