Last-minute spending surge lifts U.S. holiday shopping season; President-elect Donald Trump claims credit
Last-minute spending surge lifts U.S. holiday shopping season; President-elect Donald Trump claims credit
“A jump in consumer spending in the final stretch of December significantly offset a slow start to the U.S. holiday shopping season, and is likely to help many retailers beat sales forecasts, industry research groups said on Tuesday,” Nandita Bose reports for Reuters.
“The December spending boost is in contrast to a muted November, when early holiday promotions and expectations among…