US Holiday Retail Spending Up Almost 5% as Online Sales Soar

Experts generally anticipate a 3% increase in seasonal spending this year from 2023 levels, with the National Retail Federation (NRF) predicting total holiday spending in November and …

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US Holiday Retail Spending Up Almost 5% As Online Sales Soar

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Experts generally anticipate a 3% increase in seasonal spending this year from 2023 levels, with the National Retail Federation (NRF) predicting total holiday spending in November and …

msn.com

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US Holiday Retail Sales Stronger Than Last Year, Mastercard Says

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5 days ago · According to a Mastercard SpendingPulse report, online spending during the holiday shopping period from Nov. 1 to Dec. 24 grew by 6.7% over last year, compared to a 2.9% …

reuters.com

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Holiday Shopping Surges, Flexing Strength Of US Economy

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5 days ago · Retail sales climbed 3.8% from Nov. 1 to Dec. 24 compared with the same period last year, Mastercard SpendingPulse data showed. ... The increase in holiday spending …

go.com

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Mastercard SpendingPulse: Total U.S. Retail Sales Grew 3.8%* This ...

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6 days ago · Overall retail sales saw a 3.8% increase compared to 2023, with the last five days of the holiday season accounting for 10% of all holiday spending. A balanced basket – Consumer …

mastercard.com

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Holiday Shoppers Increased Spending By 3.8% Despite Higher Prices

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5 days ago · Sales growth was higher than the 3.2% increase Mastercard SpendingPulse had projected this fall. The data released Thursday excludes the automotive industry and is not …

apnews.com

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Black Friday Holiday Weekend Online Sales Hit Record $41 Billion

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Dec 3, 2024 · The Mastercard Spending Pulse report, which measures both in-store and online retail sales, found that online sales were up 14.6% on Black Friday, while in-store sales rose …

forbes.com

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US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

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Jan 4, 2024 · In 2022, online spending grew 3.5%. Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense …

yahoo.com

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Holiday Retail Sales Rise 3.8%, Mastercard Says - Axios

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5 days ago · Holiday season retail sales rose 3.8% this year over last, Mastercard says, as more people dined out and bought clothes and jewelry.. Why it matters: The report suggests a …

axios.com

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U.S. Retail Sales Rise 3.8% - Fast Company

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6 days ago · The 2024 holiday season proved fruitful for U.S. retailers, with total retail sales (excluding automotive) increasing 3.8% year-over-year, according to Mastercard …

fastcompany.com

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US Online Holiday Spending Up 5% On Steep Discounts, BNPL …

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Jan 4, 2024 · Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense promotions on items such as …

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Last-minute Bargain Hunters Send Holiday Retail Sales Higher Than …

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5 days ago · According to a Mastercard SpendingPulse report, online spending during the holiday shopping period from Nov. 1 to Dec. 24 grew by 6.7% over last year, compared to a 2.9% …

yahoo.com

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U.S. Retail Sales Rose 3.8% This Holiday Season, Mastercard Report

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5 days ago · Total U.S. holiday retail sales saw a 3.8% jump year-over-year, according to Mastercard (MA-0.95%) SpendingPulse data, with online shopping surging 6.7% while in-store …

qz.com

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U.S. Consumers Increased Holiday Spending This Year Even As They …

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5 days ago · The group expects that shoppers will have made $979.5 billion to $989 billion worth of purchases in November and December, which would represent a 2.5%-3.5% increase over …

pbs.org

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US Retail Sales Jump This Holiday Season Amid Online Shopping …

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Preliminary insights from Mastercard showed Thursday that holiday retail spending in the US surged 3.8% year-on-year from November 1 through December 24, excluding automotive, …

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US Online Holiday Sales To Surpass $221B This Year: Adobe

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Oct 6, 2023 · Retail industry news, voices and jobs. ... US online holiday sales to surpass $221B this year: Adobe ... pay later will drive $17 billion in online spending, up from $14.5 billion in 2022.

retaildive.com

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Most Consumers Plan To Shop Online This Holiday Season

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Oct 28, 2024 · Meanwhile, the National Retail Federation forecasts that retail sales will grow between 2.5% and 3.5% year over year to reach between $979.5 billion to $989 billion in …

retaildive.com

FAQs about US Holiday Retail Spending Up Almost 5% as Online Sales Soar Coupon?

How did retail sales grow this holiday season?

Clothing sales climbed 3.6 percent this holiday shopping season. The bulk of this growth was from online shopping. Online sales increased 6.7 percent from a year prior while in-person shopping increased 2.9 percent. Sales of electronics and jewelry also grew, as did spending on restaurants. Thursday's data excludes sales in the automotive industry. ...

Why do consumers spend so much on holiday shopping?

Michelle Meyer, chief economist at Mastercard Economics Institute, said the holiday shopping season “revealed a consumer who is willing and able to spend but driven by a search for value” as seen by concentrated online spending during the biggest promotional periods. ...

How did retail sales perform compared to last year?

Retail sales climbed 3.8% from Nov. 1 to Dec. 24 compared with the same period last year, Mastercard SpendingPulse data showed. The boost in spending exceeded a Mastercard SpendingPulse estimate of 3.2%, while outperforming last year's growth of 3.1%. The retail sales data excludes automotive purchases. ...

Why did retailers reshape the holiday shopping season this year?

Retailers were under pressure to get shoppers to buy their holiday gifts early and in bulk since there were five fewer days between Thanksgiving and Christmas this year. The shorter holiday shopping season wasn't the only setback for retailers as this year's presidential election caught the attention of many consumers. ...

Did e-commerce lead to a surge in holiday spending?

Other retail analysts have also highlighted a surge in digital shopping, and credited e-commerce with capturing most of the growth in holiday spending. Online spending jumped 7.1% year-over-year while in-store spending rose 4.1%, Visa said. ...

How much did consumers spend online in November?

Consumers spent $63.2 billion online during the first 20 days in November, showing a strong start to the holiday season, according to Adobe ADBE +1.6% Analytics data released today. Spending was up 5% compared to the same period last year, and outpaced Adobe’s 4.8% growth forecast for the November and December holiday months. ...