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Day After Thanksgiving: New Jersey
built 638 days ago
Demand for durable goods fell back in January after a burst of orders in December, the Commerce Department reported Wednesday, another sign that the economy is slowing. New orders for durable goods fell 5.3% in January, close to the 5.1% drop anticipated by economists surveyed by MarketWatch. December's gains were revised lower to 4.4% from 5% previously reported. Much of the decline in January was due to the unwinding of the flood of orders for aircraft in December. Declining demand was seen in almost every industry in January... despite reports of higher exports. Click for Full Text!
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It is the day after Thanksgiving now and these are the days that matter to Anderson and close friend Floyd Walker. If Walker is the left hand of the vast reach of the Rev. Damon Lynch Jr., at New Jerusalem Baptist Church, then he is Anderson's pulling guard in the community.
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The timing of Wal-Mart's news couldn't have been worse, coming just after most consumers started holiday shopping. While many retailers had a strong Thanksgiving weekend, Wal-Mart warned Saturday that its November sales would be weaker than expected.
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