Mastercard report: US retail sales rise 3% this holiday season

Holiday shopping has given retail sales a much-needed boost after stalling during the pandemic.

News 12 Staff

Dec 26, 2020, 6:11 PM

Updated 1,267 days ago

Share:

Holiday shopping has given retail sales a much-needed boost after stalling during the pandemic.
Mastercard's SpendingPulse report estimates sales rose about 3% between mid-October and Christmas.
E-commerce rose almost 50% as the pandemic drove online sales.
The report also says many shoppers started making holiday purchases earlier than normal due to stores that rolled Black Friday deals weeks ahead of time.


More from News 12