Dec
26

Christmas Consumption

Average US Christmas spending in 2013 is expected to be $704 per person 18 years and older. More interesting is the wild variation in this number from year to year. After rising from a trough of $690 in 2003, spending hit a peak of $866 in 2008, but fell sharply to $616 in 2009. This suggests that holiday spending is a good coincident or lagging indicator of economic health.

Share This Post
Facebook Twitter Email

Speak Your Mind

*