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US holiday sales growth estimated at 3.1%: Mastercard
US holiday sales growth estimated at 3.1%: Mastercard
Business and Economy
by  AFP

Preliminary shopping data indicated that US holiday sales increased 3.1 percent compared with the year-ago period, a solid but unspectacular increase reflecting mixed sentiment on the economy. The growth in this year's holiday sales is below 2022 holiday season sales increase of 5.3 percent and much below the 2021 figure of 14.1 percent, according to NRF data.