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Friday, October 23, 2020

Consumers Plan To Spend Less This Holiday Season - WLTZ 38 NBC

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SURVEY FINDS HOLIDAY SHOPPERS PLAN TO SPEND LESS THIS YEAR THAN 2019
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(CNN) – Americans are expected to spend less this holiday season than in the past.

The National Retail Federation released its annual survey Wednesday.

They asked more than 7,600 consumers about their holiday shopping plans.

Researchers found that on average, people planned to spend a little more than $997.00 on gifts,food and other necessities for the holidays.

That’s $50.00 less than last year.

The NRF says that’s mainly because people are hesitant to use seasonal sales and promotions to purchase items that will not be gifts.

The Link Lonk


October 24, 2020 at 01:22AM
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Consumers Plan To Spend Less This Holiday Season - WLTZ 38 NBC

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