In a survey conducted in the U.S. in August 2020, around two thirds of respondents cited plans to celebrate on a smaller scale this year due to the coronavirus pandemic as the main reason to spend less on the holiday season. Just over one fifth of respondents reported that they expected to spend less on holiday shopping this year due to a change in job situation.
Leading reasons consumers plan to spend less during the holiday season in the United States in 2020
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Numerator. (August 27, 2020). Leading reasons consumers plan to spend less during the holiday season in the United States in 2020 [Graph]. In Statista. Retrieved January 22, 2021, from https://www.statista.com/statistics/1178957/holiday-season-reasons-to-spend-less-us/
Numerator. "Leading reasons consumers plan to spend less during the holiday season in the United States in 2020." Chart. August 27, 2020. Statista. Accessed January 22, 2021. https://www.statista.com/statistics/1178957/holiday-season-reasons-to-spend-less-us/
Numerator. (2020). Leading reasons consumers plan to spend less during the holiday season in the United States in 2020. Statista. Statista Inc.. Accessed: January 22, 2021. https://www.statista.com/statistics/1178957/holiday-season-reasons-to-spend-less-us/
Numerator. "Leading Reasons Consumers Plan to Spend Less during The Holiday Season in The United States in 2020." Statista, Statista Inc., 27 Aug 2020, https://www.statista.com/statistics/1178957/holiday-season-reasons-to-spend-less-us/
Numerator, Leading reasons consumers plan to spend less during the holiday season in the United States in 2020 Statista, https://www.statista.com/statistics/1178957/holiday-season-reasons-to-spend-less-us/ (last visited January 22, 2021)