Holiday Shopping to Happen Early and Often, Report Finds
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On average, consumers will spend $677 on holiday-related items this year, with $559 going towards gifts and $118 on items such as decorations, food, etc. The survey also revealed that 70 percent of consumers plan on spending the same amount or more as last year.
So, what will consumers be purchasing this year? Electronics seems to be on top of most wish lists, with 52 percent of respondents citing it as their top choice (a dramatic difference from last year's 27 percent). On the other hand, gift cards will be less popular, falling from 60 percent last year to 45 percent this year, with consumers opting instead to give more personalized gifts.
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- People:
- Jesse Tron
- Places:
- US
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