Late Holiday Shopping Season 2022 PLUS PowerPoint Presentation

Latest Forecasts

• Mastercard SpendingPulse’s latest forecast is a 7.1% YOY increase for total holiday retail sales, excluding automotive, from November 1 to December 24, 2022, and slightly more (+7.3% YOY) for the “extended” holiday season from October 11 to December 24th.
• Mastercard’s aggressive predictions are based on the 11.7% YOY and 20.4% (from 2019) increases in total US retail sales during August 2022. August e-commerce sales increased 8.9% YOY and 100.2% compared to 2019.
• Deloitte’s forecast is more conservative at a 4% to 6% increase (a total of $1.45 to $1.47 trillion), compared to a 15.1% increase for 2021, however, its forecast period is November through January.

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