Wednesday, December 07, 2011

Epitome of a bad track record

The National Retail Federation's predictions of holiday sales:
 
Year  NRF Survey Forecast  Actual Holiday Sales
2005 22% 1%
2006 18.90% 5%
2007 4% -0.40%
2008 2.20% -6.00%
2009 -43% 3%
2010 9.20% 5.50%

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