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


This site uses Akismet to reduce spam. Learn how your comment data is processed.