Holiday Sales Shot Up 8.3 Pct In 2020 
PYMNTS
JANUARY 15, 2021
Despite the ongoing pandemic, retail holiday sales were 8.3 percent higher in 2020 than in 2019, surprising even the National Retail Federation (NRF). percent average yearly increase the sector had seen over the past five holiday seasons. Last year, holiday sales jumped 4 percent year over year.
PYMNTS
JANUARY 15, 2021
With infection rates climbing, consumers tightened the reins on their spending in December, despite it being the peak of the holiday shopping season. percent in December, the third straight monthly decline according to the federal numbers. Economists surveyed by The Wall Street Journal had forecast a lower dip of 0.1 Eventually.
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