The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Personal finance considerations significantly...
Travel rose this summer despite ongoing economic uncertainty and inflationary pressures. PYMNTS’ data finds that consumers planned to travel just as much or more this summer than last, and personal finance considerations strongly shaped these decisions. Our data also shows that credit cards remained the...
PYMNTS’ research finds that 83% of consumers made payments for credit products in the last 90 days. Credit, in general, is a significant part of life for most consumers across generations. Overall, credit use is lower among Generation Z consumers. But PYMNTS’ data shows that...
November 21, 2023
The average holiday shopper anticipates spending roughly $860 this year on non-gift holiday purchases such as live entertainment or retail products for personal use — compared to $1,160 in 2022. Meanwhile, spending on gifts will rise modestly and average about $1,000. Personal finance considerations significantly influence consumers’ decisions on where to spend — especially during […]
