The First Decoration Day -- now known as Memorial Day:
In Charleston, South Carolina in 1865 Freedmen (freed slaves) celebrated at the Washington Race Course (today the location of Hampton Park). The site had been used as a temporary Confederate prison camp for captured Union soldiers in 1865, as well as a mass grave for Union soldiers who died there. Immediately after the cessation of hostilities, Freedmen exhumed the bodies from the mass grave and reinterred them properly with individual graves. They built a fence around the graveyard with an entry arch and declared it a Union graveyard. On May 1, 1865, a crowd of up to ten thousand, mainly black residents, including 2800 children, proceeded to the location for events that included sermons, singing, and a picnic on the grounds, thereby creating the first Decoration Day. - this from Wikipedia
GDP: Annual and Q4-over-Q4 - The advance estimate for Q4 GDP will be released this week. The consensus forecast is that real GDP increased 3.2% annualized in Q4. The FOMC GDP projectio...
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