US e-commerce sales increased slightly by 5.9% in November! Many categories performed poorly

It is learned that according to the Mastercard SpendingPulse report, the total retail sales in the United States (excluding car dealers, gas stations and restaurants) in November 2022 increased by 8.1% compared with the same period in 2021; compared with the same period in 2019, it increased by 21.5%.

The report shows that in November, American consumers spent more on restaurants (+14.6%), fuel and convenience stores (+12.1%), clothing (+4.7%), and food and groceries (+8.3%). However, their spending on home and furniture (-3.9%), jewelry (-3.9%), electronics (-3.1%), and luxury goods (-3.1%) declined.

Mastercard senior advisor Steve Sadove said: Inflation and recession have affected U.S. consumer spending on both necessities and non-necessities. However, even in difficult times, sales growth in some industries remains strong, such as clothing and groceries.

Mastercard SpendingPulse also reported that in November, both online and offline retail sales in the United States increased. Specifically, e-commerce sales in November increased by 5.9% compared with the same period in 2021 and 94.9% compared with the same period in 2019; in-store sales in November increased by 8.6% compared with the same period in 2021 and 11.6% compared with the same period in 2019.

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