Holiday Spending 2012

HOLIDAY ŞPENDING 2012 THANKSGIVING With Thanksgiving just around the corner, Americans across the country are opening their pocket books and preparing to pay for the holidays. This year, 43.6 million Americans plan to travel at least 50 miles from home to celebrate Thanksgiving. Ninety percent will drive to their destinations and spend roughly $498 to get there. $498 = 50+ miles $50 Nearly three-fourths (71%) of Americans will stay home for the holiday. A majority of those cooking the meal estimate it will cost them $50 or more. DECEMBER HOLIDAYS The National Retail Federation predicts holiday sales to grow 4.1% to $586.1 billion this winter. And, the Retail Group estimates that on average, Americans will spend $750 on holiday purchases this year (up nearly $10 from $741 last year). $750 So why the increased spending? These are the primary reasons why investors plan to spend more on the holidays: “I saved properly so I could spend more this year." “Holidays are important to celebrate and I am in the holiday spirit." NEW YEARS EVE To wrap up the holiday season, over one million Americans will watch the ball drop live from Times Square while many others tune in from home. $2,000,000 The Waterford Crystal ball that will drop this year is made of 2,688 Waterford Crystal triangles and 32,256 LED lights. The ball weighs nearly 12,000 Ibs. and cost approximately $2 million. MILLIONAIRE BROUGHT TO YOU BY CORNER Other data sources: 1. www.cnn.com 3. www.nrf.com MILLIONAIRE CORNER 2. www.usnews.com 4.www.nytimes.com FOR MESOS HOLIDAY ŞPENDING 2012 THANKSGIVING With Thanksgiving just around the corner, Americans across the country are opening their pocket books and preparing to pay for the holidays. This year, 43.6 million Americans plan to travel at least 50 miles from home to celebrate Thanksgiving. Ninety percent will drive to their destinations and spend roughly $498 to get there. $498 = 50+ miles $50 Nearly three-fourths (71%) of Americans will stay home for the holiday. A majority of those cooking the meal estimate it will cost them $50 or more. DECEMBER HOLIDAYS The National Retail Federation predicts holiday sales to grow 4.1% to $586.1 billion this winter. And, the Retail Group estimates that on average, Americans will spend $750 on holiday purchases this year (up nearly $10 from $741 last year). $750 So why the increased spending? These are the primary reasons why investors plan to spend more on the holidays: “I saved properly so I could spend more this year." “Holidays are important to celebrate and I am in the holiday spirit." NEW YEARS EVE To wrap up the holiday season, over one million Americans will watch the ball drop live from Times Square while many others tune in from home. $2,000,000 The Waterford Crystal ball that will drop this year is made of 2,688 Waterford Crystal triangles and 32,256 LED lights. The ball weighs nearly 12,000 Ibs. and cost approximately $2 million. MILLIONAIRE BROUGHT TO YOU BY CORNER Other data sources: 1. www.cnn.com 3. www.nrf.com MILLIONAIRE CORNER 2. www.usnews.com 4.www.nytimes.com FOR MESOS