Holiday spending recap

Credit card companies are already reporting the holiday spending trends for this year. According to an article on moneynews.com, it seems consumers wanted less stuff and more memories.

Consumers spent actively on lodging and restaurants during the holiday season, while sales of electronics were flat, reflecting an ongoing shift toward spending on “experiences” rather than goods, MasterCard said in a holiday spending report.

You can find the rest of the article here.

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