WASHINGTON – Consumers celebrating the winter holidays expect to spend an average of $875 on gifts, food and seasonal items, according to a survey conducted by Prosper Insights & Analytics for the National Retail Federation. That sum is $42 more than respondents to last year’s survey told researchers they were expecting to spend, though it
STAMFORD, Conn. — Consumer data released today by Pitney Bowes suggest that shoppers will buy more online this holiday season than they did last year. The firm’s BOXpoll finds that just 20% of shoppers say they expect to spend less online this year. Nearly a third of consumers plan to shop online more in 2023
NEW YORK — Inflation is prompting consumers to change their holiday spending plans, according to Deloitte’s 37th annual Holiday Retail Survey, which finds that overall shoppers are expected to keep spending flat year-over-year for an average of $1,455 per household, while purchasing fewer gifts for family and friends. Key findings of the survey include: Inflation
WASHINGTON — As high rates of inflation persist, consumers across income levels are feeling the pain of higher prices on everything from household essentials to services like travel and dining out. Despite challenges, consumers are still prioritizing holiday spending. An NRF September 2022 consumer survey found that: Households earning over $75,000 a year are twice as likely