Posted on 12/25/2018 5:11:34 PM PST by springwater13
Shoppers delivered the strongest holiday sales increase for U.S. retailers in six years, according to early data.
Total U.S. retail sales, excluding automobiles, rose 5.1% between Nov. 1 and Dec. 24 from a year earlier, according to Mastercard SpendingPulse, which tracks both online and in-store spending with all forms of payment.
The figures suggest a stock-market swoon and partial government shutdown haven’t curbed consumer confidence and spending.
“Wall Street is running around like a chicken with its head cut off, while Mr. and Mrs. Main Street are happy with their jobs, enjoying their best wage increases in a decade,” said Craig Johnson, president of Customer Growth Partners, a retail research and consulting firm. A recent drop in gas prices has helped last-minute spending, he said.
(Excerpt) Read more at wsj.com ...
Congratulations on that stellar performance!! Those are amazing year-over-year growth numbers. That is not easy to do. Here’s to a successful 2019 for you, too!
“But But, the Govt is 25 percent shut down, I figured everyone is hiding underneath their bed shaking”
Mayim Dimwit from The Big Bang Theory says she is.
Thank you....a lot of 12-17 hour days this month.... a lot of great customers.....a stellar product and fantastic customer service does eventually pay off..... next big day is Valentines....
It also helped that we attracted a good group of corporate customers...
This is excellent news!
We went last minute shopping at Tysons Corner on Sunday and the whole mall was unusually empty, even for a non holiday.
I guess conservatives get their shopping done early so we can spend more time with our families...
How come this is not front page news or a siren on Drudge? Oh, I forgot, we can’t have good economic news while Trump is President.
Yeah, I have heard of y’all, from over here in Lithia Springs. Heard y’alls chocolate was to die for. Will be finding out soon.
Thanks..... we use old world quality receipts with modern twists ..... only the finest ingredients..... we are true chocolatiers.... we blend the covature chocolate to our specs...
If that happened, they just might vote for Trump in 2020.
:D
The stock market is tanking! Recession is right around the corner! The government is shutdown! Doesn’t anyone care? /s
Excellent. I’m in Canton but I get down that way often
Will definitely drop by
And the stock market tanks.
Oh my, can’t have this consumer optimism. Better crank up the prime rate again.
Can’t be, even Drudge is saying that the economy is completely coming apart. OK, he’s not actually saying it but it’s the only story he’ll link these days. Makes me wonder who got to him, probably a DemonRat with juicy NSA info.
Yep, I wonder who got to Drudge? In the last couple months, I just scan his links and click on nearly nothing. I’m also going there a lot less often, it’s all just doom-and-gloom liberal garbage. If I want to see that crap I’ll just head on over to CNN, that’s your one-stop shopping for media garbage.
Regarding holiday spending, the pre-Christmas media coverage on holiday spending is always schizophrenic. They act like it’s their job to drum up sales, “Sales are down, you lazy greedy idiots, why aren’t you buying gifts like you should? Sure, just hold onto your money and spend some on yourselves instead, jerks.” Then we see stories from the very same outlets talking about how we’re a bunch of egomaniac jerks for spending so much on Christmas while people in the world are starving. Talk about not being able to get your story straight.
The stock market went nowhere but up and up and up under Buttcrack Hussein. Now it’s doing nothing but tanking. Bet your ass it’s rigged.
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