U.S Retail Sector Improves During The Hoilday Season

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.

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