In response to:

4th Quarter GDP Estimate Reduced to .8% from 1.5%

waiting4november Wrote: Jan 14, 2013 9:14 AM
Went to the dollar store yesterday and on the shelf was a jar of orange preserves with a brand called "Lady Liberty" and a picture of the statue. IT WAS MADE IN EGYPT!!!. What is going on??? We're further supporting Egypt and the Muslim brotherhood now with imports.??? Don't we have enough oranges in Florida and California to do the job??? Quick selling out our country and giving jobs to Egypt and other countries.

Holiday sales of electronics and toys plunged this past Christmas season. Also of note, JPMorgan lowered its annualized 4th quarter GDP estimates down to .8% from 1.5%. Nonetheless, analysts see a silver lining to the data. They always do.

Toys R Us Sales Decline 4.5%

MSN Money reports Gloomy Holiday Sales at Toys R Us