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from 147 million in 2007, according to the National Retail Federation. The average amount of money spent by shoppers over that weekend rose 7.2 percent to $372.57 per person.Those numbers, however, did not prevent a sales slide of 3.4 percent for the entire shopping season last year, marking the first decline since the NRF began tracking such data.While the NRF has not issued a Black Friday forecast, it expects 2009 holiday season sales to decline 1 percent. The ICSC forecast a 1 percent to Christian Louboutin Scarpe Outlet 2 percent rise.Retail sales have been, while not stellar, somewhat stabilizing over the past few months and there is every reason to believe that as we go into the holiday season that we are going to see some stability as well, Donnelly said.
Chancellor Alistair Darling will say in his pre-Budget report that the economy performed worse in 2009 than he first predicted, Treasury sources have said.:2009The Pre-Budget Report will take place on December 9th.Mr Darling is expected to say that the UK economy shrank by 4.75% this year - more than the 3.5% originally forecast in the Budget in March. The adjustment follows the economy's unexpectedly poor performance in the first three months of the year. But he is likely to stick to 2010 forecasts of growth between 1-1.5%. Return to growthOn Thursday, Mr Darling said that since the Budget forecasts were made, new data has shown that most economies, ours included, suffered a severe shock in the first quarter of this year. He added that he still expected a return to growth around the turn of the year. The UK economy has contracted for the past six quarters, but the economies of the US, Japan, France and Germany have all started growing Christian Louboutin Scarpe again. Recent UK economic figures, such as retail sales and manufacturing output, have indicated signs of recovery. October's retail sales were up 0.4% from September, according to the Office for National Statistics. And the latest Purchasing Managers Index showed manufacturing output increased at its fastest Christian Louboutin Scarpe rate for almost two years in October.
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