Bigger paychecks and cheap gas drive best holiday shopping season in six years

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New York( CNN Business) Holiday marketings grew at their fastest speed in six years, buoyed by rising wages and a drop in gas prices.

Unfazed by volatility on Wall street, buyers inundated into storages and bought clothes and dwelling decoration online. Gas prices have dropped by more than 20 pennies a gallon over the past month, affording customers extra money for the holidays.

“Consumer confidence translated into holiday cheer for retail, ” said Steve Sadove, senior advisor for Mastercard and former CEO of Saks Fifth Avenue.