US retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales, according to Mastercard SpendingPulse. This is not adjusted for inflation. E-commerce sales on Black Friday increased by 8.5% year-over-year as consumers shopped more online, while in-store sales increased by 1.1%. US shoppers spent $9.8 billion online during Black Friday this year, according to data from Adobe Analytics. In September, Mastercard SpendingPulse had anticipated overall US retail sales during the November-December holiday season to grow 3.7% excluding automotive, compared to the prior year.
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00:00 It's Benzinga and here's what's on the block.
00:02 US retail sales on Black Friday rose 2.5% year-over-year excluding automotive sales
00:07 according to MasterCard Spending Pulse.
00:09 This is not adjusted for inflation, and e-commerce sales on Black Friday increased by 8.5% year-over-year
00:14 as consumers shopped more online while in-store sales increased by 1.1%.
00:18 US shoppers spent $9.8 billion online during Black Friday this year, according to data
00:23 from Adobe Analytics.
00:25 In September, MasterCard Spending Pulse had anticipated overall US retail sales during
00:29 the November-December holiday season to grow 3.7%, excluding automotive, compared to the
00:34 prior year.
00:35 For all things money, visit Benzinga.com.
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