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Consumers Plan to Spend More for 2012 Holidays Than They Spent in 2011

The average American consumer is projected to spend up to $750 this holiday season, according to the National Retail Federation. That’s a slight increase from the $740.57 spent last year. NRF is forecasting holiday sales will increase 4.1 percent to $586.1 billion. This holiday season, 52.3 percent of those surveyed say the state of the […]

The average American consumer is projected to spend up to $750 this holiday season, according to the National Retail Federation. That’s a slight increase from the $740.57 spent last year. NRF is forecasting holiday sales will increase 4.1 percent to $586.1 billion. This holiday season, 52.3 percent of those surveyed say the state of the U.S. economy will affect spending plans, down from 62.2 percent last year. 

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