These 23 Holiday Spending Statistics Will Shock You

1. Holiday spending in 2019 was 4.1% higher compared to 2018. (NRF) In total, US consumers spent $730.2 billion in 2019 on holiday retail sales in the winter. Additionally, the increase in online … See more

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These 23 Holiday Spending Statistics Will Shock You

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How Much Do Americans Spend On Holidays? 2024 Holiday …

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Mar 4, 2024 · Key Findings: In 2022, Americans spent $929.5 billion on holiday-related purchases.; The average cost of Christmas shopping in the United States was $833 per …

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160 Exciting Holiday Spending Statistics [NEW 2024 Report]

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Feb 14, 2024 · 28. In 2022, restaurant spending comprised 15% of the October-December holiday period. (29. 95% of people planned to shop for the holiday season in 2023. This is an increase …

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158 Holiday Spending Statistics - LendingTree

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Dec 18, 2024 · 8 St. Patrick’s Day spending statistics. Just 32% of Americans planned to celebrate St. Patrick’s Day in 2024 — third-lowest among 14 tracked holidays. (Numerator) …

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20+ Holiday Spending Statistics For 2024 - Fortunly

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Nov 29, 2024 · Key Holiday Spending Statistics for 2024 - Editor's Choice. 54% of consumers start shopping for holidays in October. American households will spend an average of $1,778 …

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21+ Jolly Christmas Spending Statistics | Balancing Everything

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May 20, 2023 · About 23% of US shoppers plan to begin shopping before Thanksgiving, while 22% will start on or after Thanksgiving. ... Deloitte’s latest UK Christmas shopping statistics …

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50 Mind-Blowing Holiday Spending Statistics - [NEW DATA]

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Feb 28, 2021 · In 2020 holiday shopping predictions projected the average household spending for the winter shopping season at $997.79 (NRF); In the U.S average daily online revenue …

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+25 Merrily Funny Holiday Spending Statistics - Review42

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May 20, 2023 · 3. The average American spends around $186 on Mother’s Day. (Source: Much Needed) In 2019, Americans were planning to spend $25 billion on Mother’s Day.; Most …

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FAQs about These 23 Holiday Spending Statistics Will Shock You Coupon?

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. ...

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. ...

Why do people spend so much money during the holidays?

People spend a lot of money during the holidays because they love spending money, especially on food, gifts, clothing, and decorations. Depending on the occasion, these expenses make up the majority of holiday spending. The winter holiday season is a leader in generating sales due to dates like Black Friday, Thanksgiving, and Christmas. ...

Will Americans spend more this holiday season than last year?

Over a third of respondents (36%) anticipate spending more this holiday season than last year. Food and festive meals will be one of Americans’ biggest expenses, according to 51% of respondents. Of Americans who intend to host Thanksgiving, 58% anticipate using credit cards and accumulating debt to help cover costs. ...

Will holiday spending habits continue to increase?

Holiday spending habits may continue to follow its typical trend to increase, but the overall amount is expected to increase less than it has over the past five years. However, even if the rate of increase is lower, retailers continue to gear up for the annual holiday rush. ...

How much do Americans spend on holidays in 2023?

Last year, average consumer holiday spending amounted to $1,430. This figure is expected to rise by 7% to $1,530 in 2023. 1 Millions of Americans will travel to visit family and friends during the holiday season. ...