U.S. consumers plan to spend an average of $654 on holiday gifts this holiday season, up from $613 in 2022. In contrast, consumers expect to spend much less on non-gift holiday items such as food and decorations – only $330 this year compared to $393 in 2022.
The post ABA Data Bank: Consumers expect to spend more on gifts in 2023 appeared first on ABA Banking Journal.
ABA Banking Journal Staff
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