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Holiday Spending Predicted to Increase

ClOLIDAY SPENDING PREDICTED TO INCREASE THOUGH 1 IN 4 AMERICANS WORRIED ABOUT MONEY FOR HOLIDAY GIFTS BLACK FRIDAY NOV 23 2012 This year, Black Friday falls on the earliest possible date. However... 1 in 4 35% people worried about having money for holiday gifts this year' of families with children are worried about paying for holiday gifts this year LAST YEAR $52 BILLION *2011 A record $52 billion was spent? 226 The average holiday shopper spent $398.622 MILLION 226 million shoppers visited stores and websites? WHAT ARE PEOPLE BUYING?? 51.47 32.67 CLOTHING AND CLOTHING ACCESSORIES |h TOYS 39.47 ELECTRONIC ITEMS 23.17 GIFT CARDS a1.37 13.8% HOME DÉCOR illli JEWELRY HOLIDAY SPENDING PREDICTIONS 2012 * PREDICTIONS prom the RETAIL INDUSTRY PREDICTIONS about PREDICTIONS about effect of ONLINE SHOPPING HURRICANE SANDY Holiday shopping season SALES WILL INCREASE 4.1% compared to the 2011 holiday shopping season Online sales will INCREASE 12%, reaching between $92 and $96 billions Hurricane Sandy threatens to reduce clothing and holiday gift sales during November, while BENEFITING SUPERMARKETS AND HOME-IMPROVEMENT STORES U.S. Postal Service is expecting a 20% INCREASE in shipments, compared to 20117 75% OF RETAIL LEADERS PREDICT that sales for the 2012 Christmas shopping season will be higher than they were in 20115 36% OF RETAILERS PLAN TO HIRE more seasonal workers, up 16% from last years 1"TNS study sponsored by CashNetUSA." CashNetUSA. N.p., 1 Sept. 2012. Web. 12 November 2012. <>. 2"Black Friday weekend shines as shoppers line up for deals, spend record $52 billion." National Retail Federation N.p., 27 Nov. 2011. Web. 12 Nov. 2012. <>. McMillan, Graeme. "Black Friday online spending up 26%, Apple and Amazon increase sales fourfold." N.p., 28 Nov. 2011. Web. 12 Nov. 2012. < spending-up-26-apple-and-amazon-increase-sales-fourfold/>. 4"NRF, expect solid growth this holiday season." National Retail Federation. N.p., 2 Oct. 2012. Web. 12 Nov. 2012. <>. SHay Group. "Retailers' holiday sales projections and hiring plans indicate more confidence in economy, consumers, Hay Group survey finds." Hay Group - Worldwide. N.p., 10 Sept. 2012. Web. 12 Nov. 2012. <>. Deatsch, Katie. "Online holiday sales will increase 12% this year." Internet Retailer. N.p., 2 Oct. 2012. Web. 12 Nov. 2012. <http:/>. CNN. "Postal Service predicts record holiday shipments." CNNMoney. N.p., 8 Nov. 2012. Web. 12 Nov. 2012. <>. ®Bloomberg. "Hurricane sandy threatens November retail sales." Bloomberg. N.p., 29 Oct. 2012. Web. 12 Nov. 2012. $398.02

Holiday Spending Predicted to Increase

shared by CashNetUSA on Nov 14
The holidays are here, yet again. Holiday spending is predicted to increase this year over last, however, one in four Americans report that they are worried about money for holiday gifts this year, ac...




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