U.S. Holiday Retail Sales Rise 5.1% This Season

The video discusses the strong performance of the holiday retail season, highlighting a 5.1% increase in spending, surpassing projections. Internet sales and apparel showed significant growth, with apparel reaching its best numbers in a decade. The analysis covers various retail segments, noting better performance in mass market and specialty apparel compared to luxury. Consumer confidence was high, supported by low unemployment and favorable economic conditions. Despite rising interest rates, they remain low, aiding consumer debt repayment. Overall, the retail market was healthy, with broad consumer strength.

What was the actual growth percentage of the holiday retail season according to MasterCard spending pulse numbers?

• 4.5%

• 5.1%

• 6.0%

• 3.9%

Which category showed the best performance in the holiday retail season?

• Toys

• Electronics

• Groceries

• Apparel

Which type of retailers performed better during the holiday season?

• Local boutiques

• Online-only stores

• Mass marketers

• Luxury stores

What was the state of consumer confidence during the holiday retail season?

• Low

• Moderate

• High

• Uncertain

How did the interest rates affect consumer spending during the holiday season?

• Low rates encouraged spending

• Rates had no impact

• Rates were unpredictable

• High rates discouraged spending