YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
U.S. consumers showed resilience this holiday season, driving retail spending up 4.2% year over year, according to preliminary data released Tuesday by Visa.
The report from Visa Consulting and Analytics indicated that despite lingering economic headwinds, shoppers were still spending, particularly on technology and personal goods.
In-store shopping accounted for the bulk of holiday spending, capturing 73% of total retail payment volume during the period, while online purchases made up the remaining 27%.
Read more from CNBC.
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