Skip to content

Holiday Online Sales Jump 6.3% Amid ‘Deliberate’ Spending – PYMNTS.com

American consumers upped their holiday spending this year, doing a lot of that spending online.That’s according to preliminary results from Mastercard’s SpendingPulse released Tuesday (Dec. 26), showing retail sales increasing 3.1% — not adjusted for inflation — year over year from Nov. 1 to Dec. 24. That’s compared to the 7.4% growth in retail sales Mastercard recorded for 2022.“This holiday season, the consumer showed up, spending in a deliberate manner,” Michelle Meyer, chief economist, Mastercard Economics Institute, said in a news release. “The economic backdrop remains favorable with healthy job creation and easing inflation pressures, empowering consumers to seek the goods and experiences they… 

Read More

EcomEye.com Southeast Asia eCommerceFor Press Release and guest posts, feel free to reach mb[at]ecomeye.com/mb.asia[@]icloud.com 

Leave a Reply