Mastercard report: US retail sales rise 3% this holiday season

Holiday shopping has given retail sales a much-needed boost after stalling during the pandemic.

News 12 Staff

Dec 26, 2020, 6:11 PM

Updated 1,386 days ago

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Holiday shopping has given retail sales a much-needed boost after stalling during the pandemic.
Mastercard's SpendingPulse report estimates sales rose about 3% between mid-October and Christmas.
E-commerce rose almost 50% as the pandemic drove online sales.
The report also says many shoppers started making holiday purchases earlier than normal due to stores that rolled Black Friday deals weeks ahead of time.