Economists now are focused on consumers now because businesses are waiting for the result of the fiscal cliff negotiations. Retail sales fell in October because of Hurricane Sandy the most amount since July of this year. Nowadays, 2% economic growth is like a miracle to the economy. Global pullback has really hurt the US manufacturing and industrial production this year. This has also majorly affected job creations. Jobs are more needed but people just can’t afford to hire them. This affected black friday negatively this year because companies could not hire the amount of people needed.
"Will Black Friday save the economy?" CBSNews. CBS Interactive. 11 Dec. 2012 http://www.cbsnews.com/8301-505123_162-57551461/will-black-friday-save-the-economy/.
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