MasterCard Advisors’ SpendingPulse, a macro- economic report tracking national retail and service sales, provided summary results for the first half of the month, through November 14, 2009. Retail sales were generally stable leading up to the holiday season, although some apparel sectors were showing mild year-over-year declines after the relatively strong showing in October.
In this podcast, Kamalesh Rao, director of economic research for SpendingPulse, reviews the results
Kamalesh Rao, director of economic research for SpendingPulse, is a statistician and economist. Mr. Rao tracks retail sales in the U.S. and the UK and continues to add new fields of inquiry to SpendingPulse’s research portfolio.
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