Christmas is one of the top two retail shopping seasons of the year generating
roughly six hundred and eighty billion dollars according to the National Retail
Federation and although most Americans will spend the equivalent of at least an
entire paycheck this holiday season nearly a third of consumers don't
include the costs in their budget Americans spend an average of nine
hundred and sixty seven dollars for items such as decorations gifts and
festive foodstuffs during the holiday season
not including travel expenses holiday airfare according to Deloitte 2017
holiday retail survey consumers expect to spend an average of three hundred and
eight dollars on socializing away from home which includes travel hotels
restaurants and more it might not surprise you that Christmas
is the busiest travel season of the year the best time to get the cheapest flight
is now behind us Skyscanner pecks the best time to buy tickets during the
first week of October
holiday hotel rooms unlike airfare hotel rooms in some areas might actually drop
throughout the season as you get closer to the holiday the average hotel room
rate in New York City typically drops between Dec 23 and 27 from 350 dollars
to 250 dollars in 2016 according to the New York Times nationwide expect to pay
an average of one hundred and twenty eight dollars and one hundred and sixty
dollars for triple a lodging rated as two and three stars holiday giftgiving
gobank congrates 2017 holiday spending survey found that Americans spend
hundreds of dollars on Christmas shopping for gifts to give friends
relatives coworkers and others the survey found spending was by far the
highest in New Hampshire where survey respondents spent an average of six
hundred and forty seven dollars on gifts the tri-state area
New York New Jersey and Connecticut accounted for the next three spots when
residents spending between five hundred and thirty six dollars and five hundred
and fifty three dollars on the holiday season Maine residents spent the least
amount of money for presents at just three hundred and forty eight dollars
gift cards if you don't know what to buy for the hard to shop for people on your
list you're not alone last year Americans spent more than nine billion
dollars on gift cards a full third of annual gift card sales fought for others
according to packaged fats you might even score one or more yourself another
seven billion dollars in gift card sales is from employers purchasing cards to
give to their employees candy and food from cheery candy canes adorning a
Christmas tree to traditional fruit cake and the aroma of Turkey a ham cooking in
the oven there are some edible trappings that make the holiday special food and
beverage retailers see an increase of nearly eighteen percent during the
holidays with sales topping one hundred and twenty three billion dollars
consumers plan to spend on average one hundred and ten dollars on candy and
food greeting cards more than 100 years ago Hallmark introduced Americans to the
idea of Christmas cards in envelopes mailed to the loved ones although
Christmas greeting card sales have declined since their heyday in the 1980s
they still account for roughly 25 percent of annual sales according to the
greeting card Association Americans still purchase more than 1.6 billion
each year decking the halls holiday decor is an essential part of the
Christmas holidays and though some people save their favorite holiday decor
from year to year Americans still spend about fifty eight dollars decking the
halls if you buy a live tree plan to spend an
average expenditure of 51 dollars according to the National Christmas Tree
Association if it's time to upgrade your fake tree you'll tack an average of 69
dollars to your holiday tab don't forget special ornaments to
commemorate the year at roughly nine dollars each flowers and plants if you
guess that Valentine's Day a Mother's Day top the flower industry's largest
sales days you'd be mistaken the winter holidays including both Christmas and
Chanukah account for just under a third of all flower sales throughout the year
Forbes reported last year another surprise sixty-three percent of floral
arrangements are given as gifts but are intended for use by the purchaser
usually for home Christmas Day call reports statistic brain Americans will
spend about twenty two dollars for flowers and plants this holiday season
non gift purchases for self and family decorative plants and flowers aren't the
only things that Americans buy for themselves when Christmas shopping the
obligatory ugly sweaters festive clothing for the season and other items
that are just too good ever buy to pass apparel candidates for non gift
purchases for family yourself the total adds up to one hundred and forty-one
dollars for the average consumer throwing a holiday party where they're
having the family over for Christmas dinner are throwing a pre holiday party
for friends celebrating with loved ones can take a bite out of your wallet
Deloitte survey found respondents spend an average of 172 dollars to entertain
at home during the holiday season including food and liquor
how much Americans spend on Christmas by category from Christmas gifts to holiday
decorations here's a quick look at how much Americans spend on Christmas
perhaps unsurprisingly gifts are the biggest expense for Americans during at
the holidays the average plan spending comes out to more than $600 for the 2017
holiday season the cost of holiday travel is the second biggest expense
said more than $300 Americans spent noticeably less on candy food
decorations and greeting cards
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