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U.S. Holiday Sales Were Up in 2022, Despite Inflation

Holiday sales rose 7.6%, a slower pace than the 8.5% increase from a year earlier. Online sales jumped 10.6% and in-person spending rose 6.8%. Overall spending has slowed from the pandemic-infused splurges. . . .

[su_button url=’https://time.com/6243565/holiday-sales-inflation/’ target=’_blank’ style=’ghost’ background=’#010066′ color=’#010066′ size=’2′ wide=’no’ center=’no’ radius=’auto’]Read more at time.com[/su_button]