Spending On Christmas 2024

Spending On Christmas 2024. Americans expect to spend more than $1,000 on gifts, a new high for october estimates. Understanding christmas spending habits is crucial for businesses as it allows them to tailor their marketing strategies and inventory to meet consumer demands effectively.

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. Since 2003, nrf has partnered with prosper insights & analytics to gauge consumers’ spending intentions and celebration plans for american holidays — from valentine’s day to christmas.