How Much Money Americans Spending On Christmas 2021
More than one-third say their gift-buying will top 1000 one-third higher than last years top spenders. Spending falls into three major categories. Gifts for family friends and coworkers. Americans plan on spending an average of 22048 on celebration plans and gift giving for Mothers Day this year according to data collected in the NRF survey from April 1-9.
Published Fri Mar 12 2021 1020 AM EST.
How Much Money Americans Spending On Christmas 2021. US consumers tell Gallup pollsters they plan to spend an average of 942 on Christmas gifts this year 57 more than last year. Interestingly men plan to spend more on gifts than women this holiday season sitting at 80901 compared with 67154. Christmas retail There was a strong shift towards online purchases during the holiday season.
The biggest drivers of Fathers Day spending are growth in spending by consumers ages 35-44 and spending on clothing special outings and gift cards. Fathers Day spending has grown 70 percent approximately 66 billion since 2009. The total expected holiday.
When it comes to generations Gen X plans to spend the most this year at an average of 82220 each. For 2020 Americans on average expect to spend 998 on. Retail e-commerce holiday sales grew by roughly 50 billion US.
Online sales over Thanksgiving Day and Black Friday rose steadily between 2008 and 2015 then began to take off from 2016-2018. Heres how they plan to spend the money. In 2014 the overall amount was 842.
Is expected to spend the second most in the world on Christmas gifts this year behind. Up next are baby boomers at 57881 followed by millennials at 47039. Based on NRFs annual consumer spending survey Americans plan to spend an average of 99779 this year down 5 from last year 100724.
The survey was distributed through the SurveyMonkey Audience panel on Dec. To find out how Americans spent money or didnt on Christmas we conducted an online survey of 1496 people. Of the 86 percent of Americans who plan to celebrate the holiday 61 percent said theyll attend a cookout barbecue or picnic according to the National Retail Federation.