Excluding automotive sales, spending during the US holiday season—from November 1 to December 24—is likely to be up by 3.2 per cent YoY, a Mastercard Economics Institute survey found.
Inflation this holiday season will contribute much less to overall spending growth than it did in 2021 and 2022.
Online apparel sales may rise by 4.5 per cent YoY and in-store by 2 per cent YoY in the season.
Inflation this holiday season will contribute much less to overall spending growth than it did in 2021 and 2022.
Online apparel sales may rise by 4.5 per cent YoY and in-store by 2 per cent YoY in the season.
