Why one stormy weekend could make an already tough holiday season worse

Mastercard SpendingPulse expects U.S. retail sales, excluding automobiles to grow 3.1% from Nov. 1 to Dec. 24.Mastercard expects the top 10 busiest days for holiday spending will be Black Friday, followed by Dec. 21, Dec. 14, Dec. 20, Dec. 7 and Dec. 13.Kamil Krzaczynski | Reuters

It looks like holiday spending might not be as robust this year compared to last, and so one snowy December weekend could make matters much worse for retailers. Mastercard SpendingPulse, which measures consumer spending across all payment types including cash and check, is calling for U.S. retail sales excluding automobiles to grow 3.1% from Nov. 1 to Dec. 24. That's compared toGrowth of 3.1% — or a 3.8% increase excluding gasoline in addition to automotive sales — is "in line with the solid performance" thus far in 2019, Mastercard said.

But to top that off, there's a shift in the calendar year putting six fewer days in between Thanksgiving and Christmas compared to a year ago. That's actually the shortest holiday calendar possible.

The consumer is weak...tariffs having an impact

boo hoo...

My stores were packed, the criminally corrupt cnbc boiler rooms hedge fund buddies must be short retail sector lol

yeah but rally on 'trade deal optimism' tomorrow

i call bs — middle america is booming

walmart is a failed corporation...of course they fulfilled their mission, destroy the mom and pops throughout America and flood the country with chinese goods...

Oh stop, it's not going to be a difficult year for shopping. From where I sit as someone who sits with live people more clients across the wealth spectrum feel wealthier than they did 6 months ago, a year ago, two years ago. If the weather is bad, they'll go shopping another day.

spend more time with your family and out of the retail jungle, you'll be spiritually enriched and help your pocketbook too

FakeNews from . Shocked.

Cnbc boiler room preaching doom & gloom per usual for their criminal hedge fund insider buddies short XRT..laughs

No surprise here with Trump’s fake economy that’s supposedly working for the people🙄

Bad weather!

Kind of a misconception, people never stop buying gifts, even on weekdays throughout November to December 25th

Doom & Gloom Monday

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