The Wall Street Journal: U.S. holiday retail sales are strongest in 6 years, by this measure [MarketWatch]
Walmart Inc. (WMT)
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Source: MarketWatch
U.S. holiday retail sales are strongest in 6 years, by this measure 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 MA, -0.31% . The figures suggest a stock-market swoon and partial government shutdown haven’t curbed consumer confidence and spending. Sales have been generally strong throughout the holiday season, led by increases in online shopping. Retailers entered the holidays with momentum as online sales jumped 26.4% from a year earlier between the Wednesday before Thanksgiving through Black Friday, one sign of an early buying surge, according to Adobe Analytics. Buying slowed in early December in part becau
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