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Holiday spending ‘clearly on track’ to reach record-breaking heights even as credit card debt strangles shoppers
Consumers are “clearly on track” to smash record-breaking spending levels after doling out as much as $989 billion over the last two months, a National Retail Federation report said.
Credit card debt set to hit record levels as consumer holiday spending rises
The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 billion.
In-person shopping makes a comeback amid record-spending holiday season
The National Retail Federation predicts nearly half of all shoppers will head to department and discount stores to knock out their shopping lists this holiday season.
Credit card debt is at a record high this holiday season
That’s as shoppers are projected to spend up to $989 billion between November 1 and December 31, according to the National Retail Federation. This holiday season has come with a hefty price tag: record-high credit card debt.
Holiday Shopping leaving many Americans in debt
The holidays for many Americans means splurging on gifts for loved ones and despite the high prices caused by inflation, the tradition continues.
2d
on MSN
Holiday shoppers increased spending by 3.8% despite higher prices
New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and ...
2d
on MSN
Holiday spending rose 3.8%, with apparel and restaurants strong, Mastercard says
Holiday spending rose 3.8% from a year ago, topping last year’s growth, as consumers were “willing and able” to spend, if ...
WSYR Syracuse on MSN
2d
How to recover from holiday spending and plan for a financially strong new year
The holiday season is meant to bring joy, but that also comes with expenses. Between the gifts and celebrations that start to ...
2d
Wall Street Lunch: Record Holiday Spending Faces 'Returnuary'
Holiday spending surged, but returns are expected to hit 17% of U.S. merchandise sales, totaling $890 billion, highlighting ...
2d
on MSN
Holiday Sales Reveal a Split in Consumer Spending
Gains were driven by households earning $100,000 or more, while retailers and brands experienced a pullback by ...
2d
A 'healthy labor market' helped lead to robust 2024 holiday spending, report finds
Shoppers spent more on apparel, electronics, and jewelry. Americans also ate out more as restaurants received a more than 6% ...
2d
on MSN
Spending the holiday season alone this year? How to make the most of it
Celebrating the holidays alone doesn’t have to be lonely. Here’s how to make the most of your time this season.
10d
on MSN
Holiday Spending Spree
The spending deal includes a number of benefits for lawmakers themselves. It lifts a pay freeze that's been in place since ...
Hosted on MSN
1d
Holiday shoppers in US increased spending by 3.8% despite higher prices
Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries ...
2d
As retailers offered holiday discounts, shoppers showed up
Total spending for the holiday period, from Nov. 1 through Dec. 24, rose 3.8 percent, according to Mastercard SpendingPulse.
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