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Business News: Mastercard SpendingPulse – U.S. Retail Sales Grew 5.1 Percent This Holiday Season

NEW YORK – A robust shopping season from before Thanksgiving through Christmas has given retailers much to cheer about this year. According to Mastercard SpendingPulse (TM), which provides insights into overall retail spending trends across all payment types, including cash and check, holiday sales increased 5.1 percent to more than $850 billion this year – the strongest growth in the last six years. Online shopping also saw large gains of 19.1 percent compared to 2017.

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