Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday December 29, 2015

Online Holiday Spending Up This Year

It looks as though online holiday spending is way up this year. According to the article, people spent more this year thanks to the lower gas prices across the country.

Online sales were, unsurprisingly, a big contributor to this year’s uptick, according to MasterCard SpendingPulse, which looked at U.S. retail sales trends across cards, cash and checks, and retail sales (not including auto and gas) during the Black Friday to Christmas Eve shopping season. Ecommerce sales jumped about 20% up from last year, indicating that everyone likes staying home and shopping in their soft pants. Furniture sales were also hot this year, MasterCard’s report says.