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Holiday Sales Reveal a Split in Consumer Spending
Gains were driven by households earning $100,000 or more, while retailers and brands experienced a pullback by lower-income shoppers.
Upbeat Holiday Spending Reflected Consumer Strength, Mastercard Says
Excluding car sales, consumer holiday spending rose 3.8% year over year, according to Mastercard SpendingPulse, higher than its estimate for a 3.2% rise.
Holiday spending rose 3.8%, with apparel and restaurants strong, Mastercard says
Holiday spending rose 3.8% from a year ago, topping last year’s growth, as consumers were “willing and able” to spend, if there was a good deal, Mastercard SpendingPulse said.
We spent more on restaurants and clothing over the holidays, Mastercard says
Retail sales over the holiday season increased 3.8% over last year as people visited restaurants and purchased clothes and jewelry, according to Mastercard SpendingPulse, which tracks payments. The data looked at sales from Nov.
6d
US consumer spending rises in November; monthly inflation subsides
Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...
7h
on MSN
Holiday shoppers increased spending by 3.8% despite higher prices
New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and ...
6d
on MSN
Consumer spending — the main engine of the economy — is humming during holiday season
Consumer spending rose fast enough in November to suggest a pretty good start to the holiday shopping season, but not enough ...
6d
US consumer spending solid; inflation showing progress as year ends
U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy's ...
10h
Bloomberg Intelligence: Year-End Consumer Spending
Alix Steel and Paul Sweeney harness the power of Bloomberg Intelligence to analyze market news and provide in-depth company and industry research.
17h
What does 2025 hold for interest rates, inflation and the American consumer?
Some people expected a downturn in 2022 – and again in 2023 and 2024 – due to the Federal Reserve’s hawkish interest-rate decisions. The Fed raised rates rapidly in 2022 and held them high throughout ...
3d
US core capital goods orders rebound; consumer confidence deteriorates amid tariff worries
New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, offering more signs ...
7d
on MSN
US Economy Grows 3.1% in Q3 Thanks to Consumer Spending Boom
The U.S. economy grew at an annualized rate of 3.1 percent two, driven by a surge in consumer spending and exports, according ...
The Daily Star
4d
US consumer spending rises; inflation showing progress
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
5h
Spending up for Boxing Day but December sluggish
Kiwis have spent big on Boxing Day sales across the country, although spending leading up to Christmas was down compared to ...
The Sunday Business Post
3d
Consumer confidence steady in December, with slight spending increase expected in 2025
The mixed consumer confidence picture reflected the ‘conflicting and often confusing forces’ impacting Ireland, according to ...
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