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How Much Do Americans Spend Over Christmas?

HOW MUCH DO AMERICANS SPEND OVER CHRISTMAS?



The average family budget for Christmas in 2012 is $749.51



That's up over from the $740.57 than an average family spent last year.



$755.13 2007



$694.19 2008



$681.83 2009



$718.98 2010



$740.57 2011



$749.51 2012



Early shoppers spend 14% more than the average shopper.



US parents are spending $271 on average per child this holiday season.



BREAKDOWN OF HOLIDAY SPENDING



Gifts $548.56



Food and Candy $100.76



Decoration $51.99



Greeting Cards $28.66



Flowers $19.55



The biggest portion of total spending goes to gifts.

The average gift budget for each family $548.56



Family $421.82



Friends $75.13



Co-workers $23.48



Other $28.13



HOW PEOPLE FUND THEIR HOLIDAY SHOPPING SPREE



65.8% Will Use Salary or Other Income



38% Will Use All or Some of Their Savings



29% Will Cash in Retailer Reward Points



17% Will Borrow From One Source to Another



WHEN CONSUMERS WILL START HOLIDAY SHOPPING



Before September 12.3%



September 7.0%



October 22.1%



November 39.0%



First 2 weeks of December 16.2%



Last 2 weeks of December 3.5%



THE MOST REQUESTED GIFTS FOR CHRISTMAS 2012



59.8% Gift Cards



49.1% Clothing



45.7% Books, CD, DVDs and Video Games



35.8% Electronics



24.0% Jewelry



20.2% Home Decor



17.4% Sporting Goods



POPULAR SHOPPING TRENDS FOR THIS HOLIDAY SEASON



Spending an average of $139.92 on self-gifting 59.0%



Shopping online for gifts 51.8%



Shopping for sales 46.4%



Using smartphones to search products 32.9%



Using coupons 35.9%



Buying more practical gifts 27.2% How Much Do Americans Spend Over Christmas ? The average family budget for Christmas in 2012 is $749.51 That's up over from the $740.57 that an average family spent last year. $755.13 $740.57 $749.51 $694.19 $681.83 $7 18.98 2007 2008 2009 2010 2011 2012 NOV DEC 25 15 Early shoppers spend 14% more than the average shopper. US parents are spending $271 on average per child this holiday season. Breakdown of Holiday Spending Gifts Decoration $548.56 $51.99 Flowers Greeting Cards $19.55 Food and $28.66 Candy $100.76 mey Christimas The biggest portion of total spending goes to gifts. The average gift budget for each family $548.56 tri Family Friends Co-workers Other $421.82 $75.13 $23.48 $28.13 How People Fund Their Holiday Shopping Spree 65.8% Will Use Salary or Other Income 38% Will Use All or Some of Their Savings Will Cash in Retailer 29% Reward Points Will Borrow From One 17% Source to Another When Consumers Will Start Holiday Shopping Before September October September 12.3% 7.0% 22.1% First 2 weeks of December Last 2 weeks of December November 39.0% 16.2% 3.5% The Most Requested Gifts for Christmas 2012 gift Scard 59.8% 49.1% 45.7% 35.8% Books, CD. DVDS Gift Cards Clothing and Video Games Electronics 24.0% 20.2% 17.4% Jewelry Home Decor Sporting Goods Popular Shopping Trends For This Holiday Season Spending an average of $139.92 on self-gifting Shopping online for gifts 51.8% 59.0% Using smartphones to research products Shopping for sales 46.4% 32.9% 50% OFF Buying more practical gifts 27.2% Using coupons 35.9% FUN! funsherpa Something Designed and Compiled by - gve Source http://www.smartfamilyfinance.com/2011/11/how-much-money- does-the-average-family-plan-to-spend-on-christmas-gifts-in-2011/ http://myfamilyfinances.net/2012/11/average-family-spending-on-christmas-gifts-2012/ http://www.nrf.com/modules.php?name=News&op=viewlive&sp_id=1438 http://www.newsroom.hsbc.co.uk/photos/hsbc_christmas_spending_survey http://www.smartfamilyfinance.com/2011/12/who-spends-more-uk- or-us-parents-average-family-christmas-gift-spending-per-child-2011/

How Much Do Americans Spend Over Christmas?

shared by gogulf on Dec 03
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The average family budget for Christmas in 2012 is $749.51. That’s up over from the $740.57 that an average family spent last year.

Publisher

Funsherpa.com

Tags

christmas

Category

Economy
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