It is learned that according to foreign media reports, according to the latest data from Mastercard, US consumer consumption in physical and online channels both increased year-on-year in March 2024. It is understood that in March 2024, the total retail sales in the United States (excluding automobiles) achieved a year-on-year growth, among which online retail sales increased by 6.1% and physical retail sales increased by 2.6%, both showing a sustained growth trend. The study of various retail formats found that, driven by the strong growth of e-commerce, total clothing sales increased by 5.4% year-on-year, an increase of 16.1%. In addition, the fastest growing in March was electronic products, with overall sales increasing by 8.7% compared with March 2023. However, the growth of industries related to the housing market continued to lag behind, with the year-on-year growth rate of home improvement sales falling by 2.9% and furniture and furnishings falling by 8.3%. Michelle Meyer, chief economist at Mastercard Economics, said that in March, apparel consumption accelerated due to rising demand for spring clothing. At the same time, the growth of e-commerce highlights consumers' emphasis on shopping convenience and their preference for finding promotions through different channels. Editor ✎Rayna/ Disclaimer: This article is copyrighted and may not be reproduced without permission. |
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