Survey: Consumers to spend on average more than $1,000 for the ...
Survey: Consumers to spend on average more than $1,000 for the ...
Gift givers have spent on average $1,034 on gifts for holidays and occasions through July 2006, nearly 20 percent more than they spent in the same period last year. If they continue buying gifts for friends and family at their present rate, total gift spending could top over $2,250 this year—a 12 percent rise over average spending in 2005, according to Unity Marketing's Gift Tracker quarterly purchasing study of gift givers.
Gift shoppers are expected to spend more than $1,000 for all holiday gifts
.
