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Why do people spend more money on Christmas gifts this year?

Why do people spend more money on Christmas gifts this year?

Of people planning to spend more, one-third said it was due to having more money, 25 percent said they had more people to give gifts to this year, and 16 percent said that it was due to high prices. [0]

Similarly, How much do Americans really spend on Christmas gifts? Let’s find out the truth behind the myths about consumer spending on Christmas gifts. Last year, Americans spent over $707 billion in retail sales between November 1 and December 31, a nearly 3 percent increase in spending from the prior year. [7]

Simply so, Did your top Christmas spending statistics just get you hyped? We’re positive our top Christmas spending statistics got you both hyped and better prepared for this year’s holiday season. Still, don’t forget to take a deep breath, spend some more time with friends and family, and most important of all-enjoy yourself! It is Christmas, after all. [0]

Similarly, people ask, Is Christmas too focused on spending these days? As you can see, 70 percent of both Europeans and Americans felt that Christmas has become too focused on spending, while 75 percent of Australians agreed with them. [7]

In this regard, How much do parents spend on Christmas? Parents plan to spend an average of $276 per child when it comes to Christmas gifts in 2021. 10% of Europeans go into debt due to Christmas shopping. 1 in 10 people returns their gifts to the store. [0]

References

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About The Author

Hello, my name is William Lussier. I am a 32 years old Blogger & certified Computer Engineer from Lisbon, Portugal and currently doing Masters in Networks Security from the University of Lisbon.

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