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

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… 

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