In 2021, consumers in the United States expected to spend approximately 886 U.S. dollars on Christmas gifts on average. This is more than what Americans were thinking of spending on gifts in the past 20 years.
Holiday shopping
The Christmas or holiday season is the single most critical sales period of the year for many retailers: this period includes days, such as Thanksgiving and Black Friday, and an increasing amount of Americans shop online during this busy time. With spending via desktop reaching approximately six billion U.S. dollars, the most popular day for online shopping was Cyber Monday in 2020.
Gift cards and vouchers
Christmas is a public holiday in the United States and is celebrated on December 25th each year. It is known as a big economic stimulus for many people to purchase Christmas gifts for their beloved family and friends. After Christmas and New Year’s Eve, retail sales usually peak again in January as many people redeem their received Christmas gift cards and vouchers. In fact, in 2021, roughly three-quarters of U.S. consumers planned to buy gift cards or gift certificates for others. It is a popular gifting option that was also commonly purchased online last year.
Roughly how much money do you think you personally will spend on Christmas gifts this year?
(in U.S. dollars)
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Gallup. (November 23, 2021). Roughly how much money do you think you personally will spend on Christmas gifts this year? (in U.S. dollars) [Graph]. In Statista. Retrieved July 05, 2022, from https://www.statista.com/statistics/246963/christmas-spending-in-the-us-during-november/
Gallup. "Roughly how much money do you think you personally will spend on Christmas gifts this year? (in U.S. dollars)." Chart. November 23, 2021. Statista. Accessed July 05, 2022. https://www.statista.com/statistics/246963/christmas-spending-in-the-us-during-november/
Gallup. (2021). Roughly how much money do you think you personally will spend on Christmas gifts this year? (in U.S. dollars). Statista. Statista Inc.. Accessed: July 05, 2022. https://www.statista.com/statistics/246963/christmas-spending-in-the-us-during-november/
Gallup. "Roughly How Much Money Do You Think You Personally Will Spend on Christmas Gifts This Year? (in U.S. Dollars)." Statista, Statista Inc., 23 Nov 2021, https://www.statista.com/statistics/246963/christmas-spending-in-the-us-during-november/
Gallup, Roughly how much money do you think you personally will spend on Christmas gifts this year? (in U.S. dollars) Statista, https://www.statista.com/statistics/246963/christmas-spending-in-the-us-during-november/ (last visited July 05, 2022)
