Holiday shopping in US: Americans expected to spend nearly $1

The National Retail Federation (NRF) projects a 2.5% to 3.5% increase in winter holiday spending for November and December, totaling between $979.5 billion and $989 billion. Online shopping is ...

CouponFollow Extension

5%
OFF

Holiday Shopping In US: Americans Expected To Spend Nearly $1

1 day from now

The National Retail Federation (NRF) projects a 2.5% to 3.5% increase in winter holiday spending for November and December, totaling between $979.5 billion and $989 billion. Online shopping is ...

msn.com

$979
OFF

Holiday Shopping Boon! Americans Expected To Spend More In …

1 day from now

Oct 15, 2024 · Consumers are expected to spend between $979.5 billion and $989 billion in total holiday spending in November and December, compared with $955.6 billion during the same …

usatoday.com

8%
OFF

Holiday Shoppers Increased Spending By 3.8% Despite Higher Prices

1 day from now

3 days ago · Sales rose this year during the holiday shopping season even as Americans wrestled with elevated prices for many groceries and other necessities, according to new data. Holiday …

apnews.com

$902
OFF

2024 Holiday Spending Expected To Reach New Record

1 day from now

Oct 23, 2024 · (PRESS RELEASE) WASHINGTON – Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations and …

instoremag.com

$1012
OFF

How Much Do Americans Spend On Christmas? (Latest Data)

1 day from now

Dec 10, 2024 · A 2024 survey revealed that US citizens expected to spend an average of $1,012 on Christmas shopping. That’s $110 more than the average spent during that holiday season. …

explodingtopics.com

$902
OFF

2024 Holiday Spending Expected To Reach New Record

1 day from now

Nov 5, 2024 · Washington — Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations and other seasonal items, …

candyusa.com

2%
OFF

US Holiday Spending Expected To Be Up 3.2% Year-on-year This …

1 day from now

Oct 29, 2024 · US holiday spending is projected to increase by 3.2 percent, with most purchases concentrated in promotional periods between November 1 and December 24. Online shopping …

fashionunited.com

16%
OFF

Only 16% Of Holiday Shoppers Plan To Spend More This Season

1 day from now

Dec 12, 2024 · Participants in the CNBC All-America Economic Survey say that prices for holiday gifts are higher this year than last. That may be affecting spending patterns.

cnbc.com

70%
OFF

U.S. Consumers Increased Holiday Spending This Year Even As They …

1 day from now

2 days ago · Consumer spending accounts for nearly 70% of U.S. economic activity and economists carefully monitor how Americans use their money, particularly during the holidays, …

pbs.org

8%
OFF

Holiday Shopping Report 2024 | Simon-Kucher

1 day from now

Among Americans with an annual household income under $75,000 (nearly half of the US population), holiday expenses are up 8% over 2023, while those earning $75,000 to $200,000 …

simon-kucher.com

57%
OFF

Economic Impact Of American Businesses During The Holidays

1 day from now

Dec 19, 2024 · Shopping Trends, Holiday Traditions. Brick-and-mortar stores are finding new ways to adapt to the holiday market in a digital-first world. The NRF expects 57% of shoppers …

uschamber.com

56%
OFF

Most Americans Expected To Maintain Or Boost Holiday Shopping …

1 day from now

Nov 6, 2023 · It found that about three in 10 consumers plan on spending more on holiday shopping than in the year prior and 56% said they are spending about the same as in 2022, …

costar.com

36%
OFF

36% Of Americans Took On Holiday Debt, Averaging $1,181

1 day from now

6 days ago · Of this group, 45% had completed their shopping by the time the survey was fielded Dec. 10 to 12, with Gen Zers (54%) and those earning $30,000 to $49,999 (53%) the most …

lendingtree.com

FAQs about Holiday shopping in US: Americans expected to spend nearly $1 Coupon?

Will Americans spend more on holiday shopping in 2024?

Holiday shopping boon! Americans expected to spend more in 2024 Holiday spe nding is expected to grow this year, up between 2.5% and 3.5% over last year, according to the National Retail Federation. ...

How much do Americans spend on holiday shopping?

Consumers spend an average of $261 during the holidays on seasonal items such as decorations, cards, candy, and food. From October 1 into the first week of November 2023, Americans spent an estimated $95 billion on online holiday shopping. $7.8 billion (8.21%) of holiday purchases from October 1 to November 6, 2023, were through BNPL services. ...

How much do Americans spend on holidays?

American holiday shoppers will spend an estimated $984.3 billion in 2024; projections indicate that by 2030, winter holiday* spending will total $1.22 trillion. The average American consumer budgets around $641 for holiday gifts alone. Including travel and entertainment expenses, the average consumer spends $1,638 throughout the holiday season. ...

How much will consumers spend on holiday shopping in 2023?

A holiday retail forecast from consultancy Deloitte also anticipates higher consumer spending this year compared with last, with shoppers spending on experiences, plus home decor and party apparel. Deloitte expects consumers to spend an average of $1,778, up 8% from 2023, based on its survey of more than 4,000 U.S. consumers. ...

How has the retail industry impacted holiday shopping & spending patterns?

57% of holiday shoppers plan to make holiday purchases online, down 1.72% YoY. Shoppers are expected to spend $18.5 billion this holiday season through Buy Now, Pay Later (BNPL) services. The retail and supply chain disruptions that influenced holiday shopping and spending patterns from 2020 to 2022 have since stabilized. ...

What is the largest holiday expense for the average consumer?

The largest holiday expense for the average consumer is gift purchases. The average consumer budgeted $620 for holiday gifts in 2023. Holiday gift sales are projected to total $699.4 billion in 2024, up 3.29% YoY. In 2024, gift sales are expected to account for 71.1% of total holiday spending. ...