How the economy is impacting Americans’ holiday plans | Ipsos

Nov 6, 2024 · The Ipsos Consumer Tracker asks Americans questions about culture, the economy and the forces that shape our lives. Here's one thing we learned this week. As the holidays draw closer, American businesses across industries are hoping for a boost in sales. …

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Strong Majority (77%) Of Americans Plan On Modifying Their …

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Chicago, December 19, 2022 – According to the latest BMO Real Financial Progress Index, 77% of Americans say that their holiday spending is being impacted by inflation. Over four in ten …

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Holiday Spending Shaped By Economic Fears, Partisan Divides

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Dec 10, 2024 · A record 25% of consumers are acting out of fear that prices will rise further in the coming year. While this behavior could boost short-term holiday sales, it underscores broader …

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Americans Plan To Spend Less On Holiday Gifts Amid

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6 days ago · A survey by BMO found that while the average American expects to spend $550 on gifts, a third of respondents didn’t expect their holiday budgets to stretch as far as in the past, …

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Q3 Insights Reveal Holiday Travel Expectations And The Economic …

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Oct 9, 2023 · Taking time off to travel remains more important than ever for more than half of Americans (54%), yet hassles are having a negative impact on demand resulting in a negative …

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BMO Survey: Americans Plan To Spend Less This Holiday Season

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Oct 24, 2024 · 72% plan on buying fewer gifts this holiday season, with nearly one-in-four Americans (24%) cutting down the number of people on their gift list. More than a third (35%) …

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How A Government Shutdown Could Impact Consumers, From …

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4 days ago · There hasn't been a government shutdown since 2019 — under the Trump administration. That 35-day budget standoff cost the U.S. economy an estimated $3 billion, …

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For Two Thirds Of Consumers, The State Of The Economy Is ... - Ipsos

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Oct 22, 2013 · New York, NY - Two thirds (66%) of consumers report that the state of the economy will have some impact on their holiday shopping this year, including four in ten (41%) …

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Government Shutdown Could Cost Travel Economy $1 Billion Per …

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2 days ago · A government shutdown could cost the U.S. travel economy $1 billion per week, affecting millions of American travelers, businesses and federal workers across the country. …

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Government Shutdown Could Cost Travel Economy $1 Billion Per …

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5 days ago · A survey by Ipsos found that: 60% of Americans would consider altering their travel plans if a government shutdown occurs, with many choosing to cancel or avoid flights …

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FAQs about How the economy is impacting Americans’ holiday plans | Ipsos Coupon?

How much do people spend on holiday shopping this year?

Although consumers across all income levels plan to do holiday shopping, nearly 30% of shoppers will be responsible for almost 70% of the holiday spending this year, spending an expected average of $2,146 or more this season. These high spenders are focused on high-quality products, while other shoppers concentrate on getting a great deal. ...

Will inflation decrease this holiday season?

Survey data indicates that inflation may not decrease this holiday season. On average, a Thanksgiving meal will cost about 13.5% more compared to last year, according to estimates by the research firm IRI. ...

How much should you spend this holiday season?

Spending this holiday season is expected to surpass pre-pandemic levels for the first time, the survey said. Consumers said they plan to spend an average of $1,652, representing a 14% year-over-year increase. ...

How will a government shutdown affect holiday plans?

If the spending bill passes, federal agencies would be funded until mid-March. But if it reaches midnight and there is still no deal, some federal services will be temporarily sidelined or federal workers will go unpaid. Here is how a government shutdown could impact holiday plans. ...

What percentage of students plan to cut back on holiday expenses?

Less than half (48%) plan to cut back on holiday expenditures and 32% expect to keep their holiday plans the same. Student loan repayments resumed on Oct. 1 after a three-year moratorium on payments. These borrowers are spending $300 per month each on average on loan payments, according to a report from consumer data firm Earnest Analytics. ...

Why are Americans spending less on Thanksgiving?

According to a survey, 33% of Americans who plan to celebrate Thanksgiving this year said they will spend less money on the holiday dinner. Amid high inflation, they may also be dealing with rising debt. ...