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