Visa Reports 2006 Holiday Shopping Milestones

Visa USA, the world’s leading payment brand and largest payment system, today announced the most significant milestones for the 2006 holiday shopping season following a slight shift in consumers’ spending habits this past holiday season.

"Although this year turned out to be softer than many had predicted, overall results for the 2006 holiday period were very respectable," said Wayne Best, senior vice president of business and economic analysis for Visa USA. "Electronics and nontraditional shopping categories such as drug and home furnishing stores were the big winners this year as they experienced increased growth throughout the season."

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