First Data Sees U.S. Holiday Retail Spending Up 9.3%

The video discusses transaction data, highlighting a surge in spending before Thanksgiving and Black Friday. It notes a 9% growth in retail and 18% in electronics, with robust e-commerce activity. Unlike previous years, the lead-up to the holiday did not detract from weekend sales, showing a steady increase in digital transactions.

What is the approximate annual transaction volume mentioned in the introduction?

• Over 500 million transactions

• Over 55 million transactions

• Over 55 billion transactions

• Over 5 billion transactions

During the pre-holiday period, which category saw the highest percentage increase in spending?

• Groceries

• Electronics and appliances

• E-commerce

• Retail

What was the percentage increase in overall spending during the pre-holiday period?

• 15%

• 18%

• 12%

• 9%

How did the spending trend this year differ from the previous years during the holiday weekend?

• It was more robust from the start

• It was less robust from the start

• It remained the same

• It decreased significantly

What type of transactions saw a steady increase during the holiday weekend?

• Cash transactions

• Check transactions

• In-store transactions

• Card-not-present or e-commerce transactions