Americans Trimming Their Holiday Spending Plans
Consumers estimate they will spend $704 on gifts, down from $786 in October
by Lydia Saad
PRINCETON, NJ — U.S. consumers now estimate they will spend $704 on Christmas gifts this season, down from their $786 average prediction in October. Americans’ latest estimate is also significantly below the $770 they forecasted at this time last year — a particularly worrisome sign for retailers.
https://www.gallup.com/poll/165872/americans-trimming-holiday-spending-plans.aspx
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