Retail sales in certain sectors have shown improvement year over year during the holiday seas.
This was made public according to a survey report by MasterCard Advisor’s SpendingPulse.
During the period of the survey from Nov 1st through Dec 12th sales have improved in some key sectors such as jewelry, e Commerce, electronics men’s apparel and footwear. The online retail sector had the highest growth of 13% compared to last year. Sales of electronics was up 4.4%, footwear 1.3% , jewelry and luxury items was up by 0.7%.
The SpendingPulse indicator is based in data from the MasterCard payment network and from survey based estimates of other forms of payments such s cash and checks.