Sales on Black Friday rose from a year earlier, according to a key data provider — a sign that U.S. consumers are continuing to spend despite persistent economic concerns.
Retail sales, excluding autos, increased 4.1% on the day after Thanksgiving, according to data from Mastercard SpendingPulse. That surpasses last year’s 3.4% growth.
The figures, which are not adjusted for inflation, draw from both online and in-person purchases to give a broad view of economic activity.
The holiday season is a key barometer for consumer demand, with executives, economists and investors closely watching households’ spending habits. See more key takeaways.