The first report about Christmas sales is good:
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.
Overall, U.S. consumers spent over $850 billion this holiday season, according to Mastercard.
The figures suggest a stock-market swoon and partial government shutdown haven’t curbed consumer confidence and spending.
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