U.S. holiday retail spending rose 4.2% as consumers spent more on tech and apparel, with online sales jumping 7.8%, Visa data shows, despite higher prices.

U.S. holiday retail spending rose 4.2% as consumers spent more on tech and apparel, with online sales jumping 7.8%, Visa data shows, despite higher prices.

U.S. consumers showed steady confidence this holiday season, with retail spending up 4.2% from last year, according to Visa preliminary data.