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$997.73 each Christmas
- According to the latest data from the National Retail Federation (NRF), Americans spend an average of $997.73 each Christmas. That’s approximately the same as the median pre-tax weekly salary of $1,001. Put another way, the average American spends about a week’s salary on Christmas gifts annually.
explodingtopics.com/blog/christmas-spending-stats
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May 16, 2024 · In 2023, around half of Christmas shoppers in the United States stated they were intending to start their shopping in October, while just about 10 percent of respondents were planning to...
Nov 29, 2023 · American holiday shoppers will spend $961.96 billion in 2023; projections indicate that by 2030, winter holiday* spending will total $1.271 trillion. The average American consumer budgets around $620 for holiday gifts alone.
Dec 12, 2023 · Perhaps the most exciting time of year for gift giving, however, is during the end-of-year holiday season, which includes Christmas, Thanksgiving, New Year’s Eve, Hanukkah, just to name a few...
Nov 29, 2023 · Nov 29, 2023. In 2023, about 58 percent of consumers in the United States intended to spend roughly the same amount of money on Christmas goods as they did in the respective previous year. Around...
Recent Spending Trends. Holiday gift expenditures fluctuate with economic conditions: 2021: Average of $648 per person. 2022: Increased to $832 per person. 2023: Estimated around $875-$900. “Holiday spending reflects broader economic confidence.”. – Financial Trends Magazine.
Dec 17, 2020 · The average American will spend between $1,000 and $2,000 on holiday gifts in 2020 despite pandemic -induced financial hardship that has fallen on many U.S. families, research shows.
Oct 20, 2023 · According to recent data, Americans underestimate their Christmas gift spend by over $100. A 2021 survey revealed that US citizens expected to spend an average of $886 on Christmas shopping. That’s $112 less than the average spent during that holiday season.
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