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submitted 2 months ago by return2ozma@lemmy.world to c/economics@lemmy.ml
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[-] 2fm@lemmy.world 4 points 2 months ago

No I don't.

[-] return2ozma@lemmy.world 2 points 2 months ago

This year, holiday spending between Nov. 1 and Dec. 31 is expected to increase to a record total of $979.5 billion to $989 billion, according to the National Retail Federation.

Even as credit card debt tops $1.14 trillion, holiday shoppers expect to spend, on average, $1,778, up 8% compared to last year, Deloitte’s holiday retail survey found.

Meanwhile, 28% of holiday shoppers still have not paid off the gifts they purchased for their loved ones last year, according to another holiday spending report by NerdWallet.

this post was submitted on 16 Oct 2024
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