Story Highlights
- Americans expect to spend average of $752 on Christmas gifts
- Average rises to $831 when excluding those not making any purchases
- No meaningful change in estimates since October
PRINCETON, N.J. -- Â鶹´«Ã½AV's November measure of U.S. holiday shopping finds Americans expecting to spend an average $752 on Christmas gifts this year. That is down from an expected $830 in spending during the 2015 holiday season, but matches the average for the last seven years, since 2010.
Since 2010, the first full year after the end of the 2007-2009 recession, Americans' November holiday spending estimate has averaged $751, with little variation. The highest was the $830 recorded last year and the lowest was $704 in 2013.
Three in 10 Are Big Christmas Spenders
According to the latest poll, conducted Nov. 9-13, 30% of U.S. adults expect to spend $1,000 or more on Christmas gifts. At the other end of the spectrum, 23% will spend less than $250 while a third plan to spend something in between those levels. Roughly one in 11 Americans (9%) now say they don't celebrate Christmas or won't be spending anything.
When one excludes from the calculation those not purchasing any gifts and looks only at gift purchasers, the average amount U.S. consumers plan to spend on gifts this year rises to $831.
| Nov 9-13, 2016 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| % | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $1,000 or more | 30 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| $250-$999 | 33 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Less than $250 | 23 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Not sure | 5 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| None/Don't celebrate Christmas | 9 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average with zero | $752 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average without zero | $831 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Â鶹´«Ã½AV | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Little Change in Spending Intentions Since October
The latest findings are statistically similar to Â鶹´«Ã½AV's initial measure of 2016 holiday spending plans, conducted in October. At that time, Americans on Christmas gifts.
The stability in the November figures is notable in that they were collected in the first few days after the presidential election -- a time when Americans were expressing . However, that hasn't translated into an increase in holiday spending plans.
Implications
Americans' current holiday spending intentions offer a relatively positive signal for U.S. retailers this season. Â鶹´«Ã½AV's analysis of the relationship between Americans' prior holiday spending intentions and actual U.S. holiday sales (as calculated for each year by the National Retail Federation) suggests 2016 retail holiday sales will most likely increase by a bit over 3% versus 2015. That would not be as strong a performance as the 5% to 6% increases seen before the Great Recession, but at least matches the average in recent years.
Historical data are available in .
Survey Methods
Results for this Â鶹´«Ã½AV poll are based on telephone interviews conducted Nov. 9-13, 2016, with a random sample of 1,019 adults, aged 18 and older, living in all 50 U.S. states and the District of Columbia. For results based on the total sample of national adults, the margin of sampling error is ±4 percentage points at the 95% confidence level. The margin of sampling error for the spending mean is ± $72 at the 95% confidence level. All reported margins of sampling error include computed design effects for weighting.
Each sample of national adults includes a minimum quota of 60% cellphone respondents and 40% landline respondents, with additional minimum quotas by time zone within region. Landline and cellular telephone numbers are selected using random-digit-dial methods.
View survey methodology, complete question responses and trends.
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