Recession Hits Retailers: Total U.S. Retail Sales for the Holiday Season Drop
Posted December 29, 2008
- 5.5 to 8: Percentage drop in total retail sales in November and December compared with last year
- 2 to 4: Percentage drop in total retail sales, excluding gasoline
- 2.3: Percentage decline in E-commerce sales compared with the 2007 holiday season
- 26: Percentage drop in electronics sales
- 34: Percentage drop in luxury sales
- 21: Percentage decrease in luxury sales, excluding jewelry
Read more Data Points.
Source: Spending Pulse 2008 Holiday Wrap-Up Report
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