News

MasterCard: Holiday sales better than last year

MasterCard: Holiday sales better than last year

SHOPPING: Holiday shoppers pass a nutcracker figure in the Georgetown neighborhood of Washington on Christmas Eve, Tuesday, Dec. 24. Photo: Associated Press/Jacquelyn Martin

(Reuters) – The 2013 holiday season, touted to be the worst since 2008, showed strong growth compared to last year, according to data published by MasterCard Advisors SpendingPulse, which tracks customer spending during the holiday season.

Holiday sales between Nov. 1 and Dec. 24 rose 2.3 percent, compared to 0.7 percent a year earlier.

“It was actually a Merry Christmas for retailers,” Sarah Quinlan, senior vice president at MasterCard Advisors, told Reuters, adding that jewelry was the best-performing category during the season.

(Reporting by Siddharth Cavale in Bangalore; Editing by Sriraj Kalluvila)

Recent Headlines

in Local

Democrats Trying To Improve Performance

vote

Democratic activists from across the state are coming together in an effort to better prepare future candidates for election success.

in Local

Yankton Sales Tax Trend Positive

MoneyDollarsCoins

The positive sales tax trend for the City of Yankton is continuing.

in Local

Rounds Looking Forward To January

rounds

South Dakota Senator-elect Mike Rounds says he is glad the campaign is over, and he is looking forward to January in Washington.

in Local

Noem Opposes President’s Immigration Order

Kristi Noem 20513

President Obama told the American people that the time to change the nation's immigration system is now, and he's taking action to make that happen.

in Local

Gas Tax Increase Possible In Iowa

gaspump2

Iowa Governor Terry Branstad says he's open to considering all options that might boost the amount of money available to fix Iowa's roads and bridges.