The Trump Effect: Retail is having its best holiday season in 6 years

Retail is having its best holiday shopping season in six years, according to early data tracking consumers' purchases.

Sales in the U.S. from Nov. 1 through Christmas Eve were up 5.1 percent to amount to more than $850 billion, according to Mastercard SpendingPulse, which monitors spending both in stores and online via all forms of payment. Mastercard also said online sales during that time frame were up 19.1 percent from a year ago, in line with earlier reports that showed robust growth in e-commerce this holiday season.

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Libsam said:

Our economy is doing so well that The Fed has decided we can all afford a 1% interest rate increase. During Obama’s it was 0%.

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