Grocery, Overall Retail Spending Increased This Holiday Season
New data from Mastercard shows a bump in purchases both in-store and online
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New data from Mastercard shows a bump in purchases both in-store and online
Preliminary shopping data indicated that US holiday sales increased 3.1 percent compared with the year-ago period, a solid but unspectacular increase reflecting mixed sentiment on the economy.The growth in this year's holiday sales is below 2022 holiday season sales increase of 5.3 percent and much below the 2021 figure of 14.1 percent, according to NRF data.
Mastercard Incorporated (NYSE: MA) on Tuesday said that U.S.
While Americans' holiday shopping this year was up by 3.1 percent, the numbers behind that show a different story.
Preliminary shopping data indicated that US holiday sales increased 3.1 percent compared with the year-ago period, a solid but unspectacular increase reflecting mixed sentiment on the economy.