SpendingPulse Reports Small CE Gain
Sales of consumer electronics have posted a small gain over the same period last year, as performance on Black Friday and later overcame a sluggish November.
That's according to numbers released by Mastercard Advisors' SpendingPulse, which found that CE retail sales have increased 0.4 season-to-date over last year.
“The modest growth we first saw with the August Back-to-School season has accelerated. These results suggest that retail spending continues to gain traction,” Michael McNamara, vice president, for MasterCard Advisors SpendingPulse, said as part of the announcement.