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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%

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How Much Do Americans Spend Over Christmas?

shared by gogulf on Dec 03, 2012 in Economy

How Much Do Americans Spend Over Christmas?

shared by gogulf on Dec 03, 2012 in Economy

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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.
Tags: christmas
Rank: 32 of 4089 in Economy

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