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Thursday, December 27, 2018

US Holiday Retail Sales are Strongest in Years

Sales excluding autos rose 5.1% between Nov. 1 and Dec. 24 from a year earlier, according to Mastercard

Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data.

Total U.S. retail sales, excluding automobiles, rose 5.1% between Nov. 1 and Dec. 24 from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment. Overall, U.S. consumers spent over $850 billion this holiday season, according to Mastercard.

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2 comments:

Anonymous said...

More positive news.

One comment scares me a bit: "Overall, U.S. consumers spent over $850 billion this holiday season, according to Mastercard."

Why? Credit Card debt in the US is over $1.5 Trillion and we almost spent a Trillion for the holidays.

Hope that isn't a big YIKES!


Anonymous said...

All plastic money??? Let's hope not!