Typically, more than 20 percent of purchases, including electronics, clothing, and jewelry, are made during November and December.People shop on Black Friday at a mall in Hanover, Md., on Nov. 29, 2024. Madalina Vasiliu/The Epoch TimesAmericans are giving their debit and credit cards a harder workout this year.A Nov. 12 report from Bank of America (BOA) found that total credit and debit card spending per household jumped 2.4 percent year over year in October, showing the strongest annual growth since early 2024.
Date:
More like thisRelated
Bipartisan Congressional Report Finds CCP Manipulates Global Mineral Prices
A bipartisan investigation into China’s dominance over rare earth...
Rubio Says Reports That UK Suspended Intelligence Sharing Over Caribbean Boat Strikes Is False News
After a meeting with G7 nations in Canada, Rubio...
Subprime Borrowers Default on Auto Loans in Record Numbers: Report
New Hyundai cars are displayed on the sales lot...
Liberal Party Signals Potential Axing of Net-Zero Policy After 5-Hour Climate Showdown
Liberal senators Jessica Collins, Sarah Henderson, Jacinta Nampijinpa Price,...