US retail sales rise in November, boosting holiday shopping outlook

Dec 17, 2024 · Consumers boosted their spending at retail stores in November, providing a solid lift to the U.S. economy as the winter holiday shopping season ramps up. Retail sales rose 0.7 …

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Online Shopping Drives Holiday Retail Sales, Says Mastercard - USA …

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Dec 26, 2024 · U.S. retail sales rose 3.8% between Nov. 1 and Dec. 24, as intense promotion to drum up sales in what was expected to be a highly competitive holiday season for retailers …

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U.S. Retail Sales Beat Forecasts, Rising 0.7% In November On …

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Dec 17, 2024 · U.S. retail sales rose 0.7% in November, beating forecasts, with total sales hitting $724.6 billion, signaling consumer resilience. Motor vehicle and parts dealers led growth, …

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Retail Sales Rose In November In Latest Sign Of U.S. Economy's …

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Dec 17, 2024 · Retail sales rose 0.7% in November, the Commerce Department said Tuesday, a solid increase and higher than October’s 0.5% gain. Sales jumped 2.6% at auto dealers and …

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Retail Sales Rise In November, Boosting Holiday Shopping Season

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Dec 17, 2024 · UNITED STATES - Retail sales in November saw a significant increase, according to the Commerce Department. Consumers spent 0.7% more last month, surpassing the 0.5% …

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U.S. Retail Sales Soar 3.8% In Record-Breaking Holiday Shopping

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U.S. retail sales surged 3.8% between November 1 and December 24, driven by intense competition among retailers and aggressive promotions that spurred a wave of last-minute …

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Retail Sales Unexpectedly Rise In November As Consumers Keep …

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Dec 14, 2023 · Retail sales, a measure of how much consumers spent on a number of everyday goods including cars, food and gasoline, rose 0.3% in November, the Commerce Department …

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Holiday Shoppers Increased Spending By 3.8% Despite Higher Prices

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Dec 26, 2024 · Sales growth was higher than the 3.2% increase Mastercard SpendingPulse had projected this fall. The data released Thursday excludes the automotive industry and is not …

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FAQs about US retail sales rise in November, boosting holiday shopping outlook Coupon?

Why did retail sales rise in November?

U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start, which should keep the economy on a moderate growth path this quarter. Retail sales rebounded 0.3% last month, the Commerce Department's Census Bureau said on Thursday. Economists polled by Reuters had forecast retail sales edging down 0.1%. ...

How many retail sales were forecast in November?

Economists had forecast 220,000 claims for the latest week. U.S. retail sales unexpectedly rose in November as the holiday shopping season got off to a brisk start, which should keep the economy on a moderate growth path this quarter. ...

Did retail sales exceed expectations in November?

U.S. retail sales exceeded expectations in November, highlighting consumers’ continued resilience in spending as the holiday season began. Retail and food services sales rose to $724.6 billion in November, a 0.7% increase from October, according to seasonally adjusted advance estimates released Tuesday. ...

How did retail sales grow this holiday season?

Clothing sales climbed 3.6 percent this holiday shopping season. The bulk of this growth was from online shopping. Online sales increased 6.7 percent from a year prior while in-person shopping increased 2.9 percent. Sales of electronics and jewelry also grew, as did spending on restaurants. Thursday's data excludes sales in the automotive industry. ...

How much will holiday sales increase in November?

The group forecasts that U.S. holiday sales will rise by 3% to 4% in November and December compared to the same period last year. This is slower than the 5.4% growth over the same period in the previous year but more consistent with the average annual holiday increase of 3.6% from 2010 to pre-pandemic 2019. ...

Are retailers more selective in the holiday shopping season?

Retailers including Walmart and Macy’s reported more selective shopping behavior from consumers in the most recent quarter, despite strong retail numbers in November. ...