Thursday, November 1, 2012
November 1, 2012
More good news holiday retail! (Part One)
According to PriceGrabber's first winter holiday shopping survey, 50% of consumers plan to spend the same amount during the 2012 winter holiday shopping season that they spent last year, up slightly from 48% in 2011. Twelve percent plan to spend more, a positive increase compared with 7% last year, while 54% expect to spend $500 or more.
Of those consumers who indicated that they will spend more money this holiday season compared with last year, 42% said they are making more money this year, 34% attributed their decision to better prices on gifts, 22% said they have confidence in the economy, 13% said they will spend more due to increased credit limit, and 8% are tired of being frugal.
I'll have more for you tomorrow!
Comments? E-mail me at email@example.com.