Mastercard SpendingPulse: Child Tax Credit Helps Lift US Retail Sales Growth
In-store sales grew 15.5%, exceeding pre-pandemic levels Retail sales in the U.S. grew for the 11th consecutive month in July, according to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment. With more cash in hand—fueled in part by the Child Tax Credit and pent-up savings—consumers drove......
