Wall Street: the S & P500 validate icts Biggest Gain in 20 Years

According to 28, the most recent data released this year, U.S. consumer spending during the Christmas shopping season grew hit its highest level since 2005.

According to MasterCard's consultants SPENDINGPULSE data released this year, November 5 to December 24, excluding auto sales, U.S. retail sales rose 5.5%, marking the biggest gain in 5 years. U.S. retail sales last year increased by 4.1% year on year, but this was mainly due to the financial crisis in 2008 U.S. retail sales year over the same period fell by 6.1%.

Published in 28 separate report, the International Shopping Center Association, said as of Dec. 25 in the week, the Christmas shopping boom makes the eve of the opening of business more than a year increase in same-store sales rose 4.8% this year, the biggest increase since April.