Transcript

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?

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
Category: Economy

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