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U.S. holiday spending rose 3.8%, driven by strong online sales and consumer resilience.
U.S. holiday spending surged by 3.8% this year, exceeding expectations and surpassing last year's 3.1% increase, according to Mastercard SpendingPulse.
Despite higher prices for essentials, consumers focused on value, with online sales jumping 6.7% and in-store purchases rising 2.9%.
Jewelry, apparel, and electronics saw significant growth, reflecting a resilient U.S. economy and robust consumer spending, which accounts for nearly 70% of economic activity.
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El gasto de vacaciones en EE.UU. aumentó un 3,8%, impulsado por fuertes ventas en línea y resiliencia del consumidor.