US Retail Sales Surge Over Holiday Season as Retailers Ramp Up Promotions, Says Mastercard

Most shoppers splurged on jewelry and electronics, according to the payment company.
US Retail Sales Surge Over Holiday Season as Retailers Ramp Up Promotions, Says Mastercard
A person walks down a street with shopping bags in New York City on Nov. 29, 2024. David Dee Delgado/Getty Images
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Retail sales rose by nearly 4 percent year over year across the United States this holiday season as more Americans sought bargains during the November and Black Friday shopping period, according to new data from Mastercard SpendingPulse.

Mastercard analyzed in-store and online retail sales across the country from Nov. 1 to Dec. 24, with the company tracking all payment types, including cash and debit cards.

Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.