The economy continues to defy the left......
NEW YORK (Reuters) - U.S. consumers spent 8.7 percent more during the just ended holiday shopping period than in the comparable period a year ago, according to a report from an affiliate of MasterCard Inc., the Wall Street Journal reported in its online edition on Monday.
The study, by SpendingPulse, covered the period from the Friday after the U.S. Thanksgiving holiday through December 24, Christmas Eve. That period included 30 days in 2005, compared with 29 days in 2004.
The report found the biggest increases in spending on home furnishings, up 15.2 percent, followed by consumer electronics and appliances, up 10.5 percent. Spending on jewelry was down 4.6 percent.
Tuesday, December 27, 2005
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