Black Friday

Friday is the day many US retailers can’t wait for all year. Black Friday. Every year on the day after Thanksgiving, hordes of American shoppers go bargain hunting for the holidays.

An astonishing half of the whole US population is expected to go shopping this weekend. And this could mean a great deal to fears of a recession. A bad holiday season would send investors panicking while a good one would dispel those fears.

The holiday season accounts for up to forty per cent of retail all sales in the US. And while nearly three quarters of all economic activity is consumer buying that can change a lot.

Many stores opened up earlier than ever to prepare for the holiday rush. Wal-Mart lead the path by opening their doors Thursday night at 10 pm. They expected eager shoppers all night long.