Retail Sales to Grow Across the Atlantic this Holiday Season

During the upcoming holiday season in the U.S., retail sales, excluding autos, are expected to increase by 7.1 percent. Figures from the latest Mastercard Spendingpulse forecast.


Omni-channel offerings as well as strong promotions are part of the reason for this optimistic data. But Michelle Meyer, chief U.S. economist, also explains, “New job creation, rising wages and continued savings should result in many consumers willing and able to spend.”


The holiday season builds on the momentum seen this summer. U.S. retail sales were up +11.7% in August. Ditto for online sales, which were up +8.9%. Sectors affected by this strong growth include restaurants, airlines and lodging.


An inflationary environment


The Mastercard Spendingpulse report also reveals the arrival of new trends and behaviors.



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Featured photo : © Burberry


The editorial team
The editorial team
Thanks to its extensive knowledge of these sectors, the Luxus + editorial team deciphers for its readers the main economic and technological stakes in fashion, watchmaking, jewelry, gastronomy, perfumes and cosmetics, hotels, and prestigious real estate.

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