Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

According to data by Mastercard Spendingpulse, released over the weekend, Black Friday retail sales in the United States went up 2.5% year-on-year. That figure excluded automotive sales and was not adjusted for inflation.

Black Friday e-commerce sales surged 8.5% year-on-year and in-store sales rose 1.1% from a year ago.

In September, Mastercard Spendingpulse had said that it expected US retail sales, excluding automotive sales, to increase 3.7% during the holiday shopping season.

US consumer spent $9.8 billion online during this year’s Black Friday, data by Adobe Analytics showed.

Black Friday is usually the day following the US Thanksgiving holiday, when consumer spending is, by tradition, more intensive.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Lucid Group recalls more than 2,000 Air sedansLucid Group recalls more than 2,000 Air sedans Lucid Group Inc (LCID) said that it would recall more than 2,040 of its Air luxury electric sedans because of a faulty component.The recall affects Lucid Air sedans from model years 2022 and 2023, which may have problematic high […]
  • GBP/CHF holds near 1-month low, eyes on BoE and SNBGBP/CHF holds near 1-month low, eyes on BoE and SNB The GBP/CHF currency pair held not far from 1-month low of 1.0929 on Wednesday, as investors braced for the outcome of the Bank of England’s and the Swiss National Bank’s policy meetings.The Bank of England is expected to maintain its […]
  • Gold trading outlook: futures extend moderate gains ahead of Fed meetingGold trading outlook: futures extend moderate gains ahead of Fed meeting Gold edged up for a fourth session on Tuesday but gains remained limited by the prospect of a sooner interest rate increase by the Federal Reserve, holding near a three-month low.Comex gold for delivery in April was up 0.23% at $1 155.8 […]
  • USD/NOK gains, eyes on FOMC, Norges Bank meetingsUSD/NOK gains, eyes on FOMC, Norges Bank meetings The USD/NOK currency pair edged up on Wednesday ahead of the outcome of the Federal Reserve’s and Norges Bank’s policy meetings.The Fed is largely expected to leave its federal funds rate target range intact at 3.50%-3.75% at its June […]
  • Spectra7 announces Interim CFO appointmentSpectra7 announces Interim CFO appointment Spectra7 Microsystems Inc, a provider of high-performance analog semiconductor products for broadband connectivity markets, said on Monday that it had appointed David Mier as Interim Chief Financial Officer.Previously, the company had […]
  • Siemens AG share price down, to cut 4 500 jobs as industrial profit fallsSiemens AG share price down, to cut 4 500 jobs as industrial profit falls German engineering giant Siemens AG announced on Thursday another workforce reduction to help turn around its power and gas division and other underperforming businesses as second-quarter industrial profit dropped due to low oil prices and […]