This holiday season, more than half of U.S. and Canadian consumers were intending to cut back on their Black Friday and Christmas shopping spending to varying degrees due to the impact of rising inflation rates. Only four in 10 consumers said they did not plan reducing their holiday season spending.
Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022
This question was phrased as follows: "Thinking about your non-food spending over Black Friday and Christmas, do you expect to cut back this year due to the rising cost of living?".
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ShipStation. (October 23, 2022). Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022 [Graph]. In Statista. Retrieved October 04, 2024, from https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/
ShipStation. "Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022." Chart. October 23, 2022. Statista. Accessed October 04, 2024. https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/
ShipStation. (2022). Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022. Statista. Statista Inc.. Accessed: October 04, 2024. https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/
ShipStation. "Spending Cut Intentions among Consumers during Black Friday and Holiday Season in North America in 2022." Statista, Statista Inc., 23 Oct 2022, https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/
ShipStation, Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022 Statista, https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/ (last visited October 04, 2024)
Spending cut intentions among consumers during Black Friday and holiday season in North America in 2022 [Graph], ShipStation, October 23, 2022. [Online]. Available: https://www.statista.com/statistics/1342643/holiday-season-spending-cut-intention-north-america/