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The Report Is A Serious Decline In The US Retail Market.

2008/11/25 0:00:00 10243

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In a survey released on the 23 day, MasterCard consulting firm said that sales of clothing, footwear and household appliances in the US retail market declined significantly in the first two weeks of November as consumers were worried about the overall economy and the job market.

According to the data, clothing sales in the US market fell by 19% in the first two weeks of November compared with the same period last year.

Among them, women's wear sales fell 19.7% compared with the same period last year, while men's wear sales fell 20.5% year-on-year.

In addition, during the same period, the retail sales of footwear in the United States decreased by 11% compared with the same period last year, while retail sales of electronic products and household appliances decreased by 22.1% compared with the same period last year. Sales of luxury goods including jewellery and brand-name goods also fell by 21.1% over the same period last year.

In November 28th this year, the United States will enter the traditional "Christmas shopping season".

This report provides a partial reference for the consumption trend at the end of the year.

According to Reuters, many analysts predict that this year the United States will have the most cold "Christmas shopping season" in 20 years.

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