U.S. holiday retail sales grew 3.8% year-over-year from November 1 to December 24, according to Mastercard SpendingPulse. Consumers demonstrated a willingness to spend while actively seeking value, with online sales increasing 6.7% and in-store sales rising 2.9%. Key sectors like apparel, restaurants, and electronics showed strong growth, reflecting robust consumer health supported by a healthy labor market and household wealth gains.
Original Source: MorningStar
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485 Lexington Avenue, Suite 304 New York, NY 10017
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Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments, including precious metals, involve risk and may result in partial or total loss. No conclusion of any type or kind should be drawn regarding the future performance of investments offered or managed by us based upon the information presented herein. Performance information presented has been prepared internally (unless otherwise noted) and has not been audited or verified by a third party. Information on this page is based on information available to us as of the date of posting and we do not represent that it is accurate, complete or up to date. See our complete disclaimers for additional details.
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