Holiday Spending is Up
Looks like we’re going to be partying like it’s 2007 this holiday season. According to a new Gallup poll, adults in the U.S. are planning to spend about $830 on average on Christmas gifts this year.
The number hasn’t been near that high since 2007, when adults spent $866 on average.
To put it in perspective, last year’s average was $720. (Business Insider)