The recession last year put a real damper on holiday spending for some, but it seems this year shoppers are willing to spend more.
In fact, retailers are pulling out all the stops to get them in the door.
Good Question: Are holiday shoppers still in a recession depression?
After a slowdown in spending this summer it looks like consumers are finally ready to spend.
This weekend, shoppers flooded the malls.
According to MasterCard, Americans are spending more on clothing, luxury goods and furniture this year.
And with the men's department leading the way, clothing sales rose almost 10% compared to a year ago.
Jewelry sales rose 2.6% and furniture saw a 3.4% increase.
It wasn't just the malls that reported higher traffic over the weekend, on Saturday on line spending rose 18%, with the average order size rising 4% compared to the same day one year ago.
Consumers might have fallen into a recession depression, but it seems they're back.
Luxury items seem to be at the top of the lists.
In recent weeks high end stores like Nieman Marcus, Tiffany, Coach and Louis Vuitton have seen spikes in sales of 45%.
"You are starting to see again those higher end purchases starting to pick up. It's a good sign because you're seeing better spending in some of the discretionary areas, its not just spending on necessities like food and gas now," said Michael McNamara of MasterCard Advisers SpendingPulse.
Mid level retailers like Macy's expect about a three and a half uptick this year and for retailers trying to cash in there are a few more days for shoppers looking to spend.
Not all sectors of retail saw an increase in sales, MasterCard says consumer electronics are down..
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