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Americans spent a record $241 billion on holidays

08 January 2025 11:14by Николаева Людмила

Americans spent a record $241 billion during the New Year holidays. Online sales in the US increased by 9%, made possible by significant discounts, Bloomberg reports.

More than half of all spending in the last two months of the year went on electronics, clothing and household goods.

At the same time, food and cosmetics showed the highest growth compared to the previous year.

Local residents and Ukrainian citizens who moved to the US due to the war are widely complaining about high prices for all goods. The increase continues every month.

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Americans spent a record $241 billion on holidays

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