Holiday Spending Surge: Shoppers Splurge on Tech, Apparel
Update: 2025-12-23
Description
U.S. shoppers demonstrated resilience during the holiday season, increasing retail spending by 4.2% compared to last year, according to Visa data. In-store purchases accounted for 73% of the total, while online sales made up the remaining 27%, with e-commerce seeing a 7.8% increase. Despite inflation and tariff concerns, consumers spent more on electronics (5.8% growth), apparel (5.3%), and general merchandise (3.7%), indicating a positive outlook for retailers in the new year.
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