MAGAnomics: Mastercard Releases First Tabulated Holiday Sales Report With Whopping 5.1% Increase

The Purge

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Aug 16, 2018
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ABCNNBCBS will ignore it.......................OR

They will give The Obomanation the credit for creating this great economy!..ROTFLMFAO!!!


As CTH anticipated the first tabulated holiday sales report via Mastercard® shows the results of a very strong consumer confidence level. The first report highlights a very strong 5.1% increase in holiday purchases:

“Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their jobs, enjoying their best wage increases in a decade”…

~ Craig Johnson, president of Customer Growth Partners

(Via Wall Street Journal) Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data.

Total U.S. retail sales, excluding automobiles, rose 5.1% between Nov. 1 and Dec. 24 from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment. Overall, U.S. consumers spent over $850 billion this holiday season, according to Mastercard.

[…] Retailers entered the holidays with momentum as online sales jumped 26.4% from a year earlier between the Wednesday before Thanksgiving through Black Friday.

[…] Sales at department stores fell 1.3% in the period tracked by Mastercard, in part due to store closings. Stores that mainly sell apparel, however, experienced robust sales, growing 7.9% during the same period. Overall, sales from bricks-and-mortar stores rose 3.3%. (read more)....

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