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Holiday retail spending rose 4.2% this season, driven by e-commerce and electronics: Visa report [MSNBC.com]
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In this articlewatch nowIDEO3:2303:23There's certainly a lot of bifurcation going on in consumer spending, says isa's Michael BrownSquawk BoxU.S. consumers showedresilienceholiday seasonThe report from isa Consulting and Analytics indicated that despite lingering economic headwinds, shoppers were still spending, particularly on technology and personal goods.The findingstracked paymentsIn-store shopping accounted for thebulk of holiday spendingHowever,e-commerce"The underlying surprise here ... is that consumer spending is holding up reasonably well in light of softer consumer confidence than we had this time last year and a number of headwinds and concerns about inflation,"Brown noted that the 2025 holiday season marked a distinct shift in consumer behavior, citing the growing influence ofartificial intelligence"We are seeing consumers use in a big way in comparison shopping and then helping to narrow down that perfect gift," Brown said. "This is the first holiday shopping season whe
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