Retail News

Americans keep spending on gifts, despite their concerns

CNBC 12/08/2021

Americans are concerned about inflation, supply chain issues and the economy as a whole, but that will not stop them from spending big during the holidays, according to a new CNBC All-America Economic Survey. Consumers will spend an average of $1,004 on gifts, the highest amount since 2018, according to the survey of 800 adults.

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