Posthaste: Even rising prices and debt can't stop people's love of celebrating the holidays

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On average, shoppers anticipate spending US$823 on gifts this year, for a total outlay of more than US$178 billion. Read more.

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This year’s holiday shopping survey interviewed 2,075 U.S. adults, 1,751 of whom plan to purchase gifts, with 72 per cent of them planning to use a credit card, charging US$663 on average.Article content And many consumers are worried about spending above their means, with 43 per cent feeling pressured to spend more money on presents than they are comfortable with. “It’s easy to get swept up in the spirit of the season and overspend,” Palmer said.

the Financial Post’s Larysa Harapyn that spending will be down about 17 per cent compared to last year.

 

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Posthaste: Even rising prices and debt can't stop people's love of celebrating the holidaysOn average, shoppers anticipate spending US$823 on gifts this year, for a total outlay of more than US$178 billion. Read more. The one thing you dodnt mention was Salaries. Media rarely talks how wages fit in. Especially when rising peices mean RISING PROFITS...where are the raises?
Source: calgaryherald - 🏆 64. / 52 Read more »