Current Events > Great again: 2017 boasted the biggest Christmas shopping season EVER!

(+) Yeah! (+)

https://ca.news.yahoo.com/u-department-store-stocks-jump-holiday-spending-record-195126015--sector.html

CHICAGO (Reuters) - Shares of U.S. department stores jumped on Tuesday as Mastercard Inc said shoppers spent over $800 billion during the season, more than ever before, boosted by growing consumer confidence, rising employment and early discounts.

Sarah Quinlan, head of market insights for Mastercard Advisors, disclosed the figure after the payments processor's analytics arm published its SpendingPulse retail report.

The report said holiday sales in stores and online between Nov 1 and Dec 24 rose 4.9 percent, the fastest year-on-year pace of increase since 2011. Mastercard, which tracks spending by combining sales activity in its payments network with estimates of cash and other payment forms, excluded automobile sales from its figures.

The biggest winner of the holiday season was likely to be Amazon.com once again, however, according to a Reuters/Ipsos opinion poll conducted this month.

Amazon.com said on Tuesday that it had topped its worldwide holiday sales record this year, with more than 4 million people opting to trial Amazon Prime in one week during the period.
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based trump
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Fake news, right?
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So is that 800 billion just in the US or worldwide? Is thst just Mastercard sales or all credit sales? Or does it include cash and debit as well?

If we assume it's just Mastercard in the US then that's like $2500 per person in America, including children.
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It's a great year for America!
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Trump stuffing money in our pockets

life is good

Make Christmas Commercial Again
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I shopped and made some people happy.
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