Total U.S. retail sales have increased year over year every month since September 2020, while consumer spending continues to recover as the holiday season approaches, according to the latest edition of Mastercard SpendingPulse released on Wednesday (Oct. 6). Mastercard SpendingPulse measures in-store and online retail sales across all forms of payment.
For September 2021, retail sales across the country — excluding automotive and gasoline — were up 5.4% year over year and up 11.5% from two years ago. eCommerce sales were up 11.5% year over year and 72.4% from two years ago, showing more evidence of the continued growth of digital commerce.
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