According to data from Reuters,holiday spending in the months leading up to the holidays rose 8.7% in 2024‡, compared to only 4.9% in the same period in 2023. Pair that with theaverage U.S. household credit card balance of $6,100‡, and we see a financial picture that needs a r...
How much do Americans spend on Christmas? Average expected spending on Christmas gifts has risen over the years, and prediction for 2024 are higher than ever.
After expressing record holiday spending intentions in 2023, respondents are yet again planning to up their purchases, and expect to spend $1,778 (+8% year over year) this holiday season. The uptick in spend is attributed to a rosier economic outlook (+9 percentage points [PP]), perceived...
November 2, 2023WASHINGTON – The National Retail Federation today forecast that holiday spending is expected to reach record levels during November and December and will grow between 3% and 4% over 2022 to between $957.3 billion and $966.6 billion. ...
Bankrate’s key findings on holiday spendingImpulse purchases were common in 2023 54% of U.S. adults made at least one impulse purchase last holiday season. Source: Bankrate’s Impulse Shopping Survey A good deal tends to lead to impulse buying When asked what inspired their unplanned or ...
Holiday consumer spending is up from 2023 ABC News’ Becky Worley has the latest consumer spending data and when to expect the best shopping deals this holiday season. November 27, 2024 Additional Live Streams Live ABC News Live Live Red flag warning in effort for Southern California with wind...
Inflation is down significantly, the stock market is more ebullient than it has been in a year, and the latest monthly nationalretail sales reportcame in stronger than expected, but retailers don't expect that to change what is shaping up to be a downbeat holiday spending season in 202...
Retail spending (gifts and non-gifts) will likely remain relatively flat year-over-year ($1,043 compared to $1,020 in 2023). However, it would still account for most (59 percent) of the average expected Holiday spend. Surveyed respondents expect to spend $536 on gifts, down 3 percent ...
The organization expects seasonal holiday spending to grow between 2.5% and 3.5% over 2023. That equates to between $979.5 billion and $989 billion in total holiday spending in November and December, compared with $955.6 billion during the same timeframe last year. ...
Time: December 30th, 2023 - January 1st, 2024 Location: Guangdong Folk Art Museum Introduction: This activity will lead participants to explore the morphology and texture of plants in the pressed flower art, a Lingnan intangible cultural heritage. ...