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 specific categories saw significant increases in spending during the holiday period?

What was the percentage increase in retail spending observed in the lead-up to Thanksgiving?

How did the spending during the holiday weekend compare to previous years?

What was the overall trend in e-commerce transactions leading up to the holiday?

What does the term 'not present' transactions refer to in the context of this discussion?