Experiential spending continues to rein in consumers’ dollars. Survey

Mastercard SpendingPulse: Housing-Related Sectors Soften, Experiential Spending Drives Growth. According to Mastercard SpendingPulse, U.S. retail sales excluding automotive increased +11% year-over-year in September. E-commerce sales continue to grow, up +10.7% YOY, highlighting the ongoing demand for the convenience of digital commerce. Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment and … Read more

Discretionary spending continued to drive growth across fashion-forward sectors. Report

Mastercard SpendingPulse: U.S. Retail Sales in June Reflect Rising Prices for Essentials, Continued Leisure Spending. According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. consumer retail spending excluding automotive increased +9.5% year-over-year (YOY) in June, while retail sales excluding auto and gas rose +6.1% YOY. Rising prices—particularly … Read more