Deloitte: Holiday Shoppers are Back in the Spirit of Spending
NEW YORK, Oct. 17, 2023 /PRNewswire/ --
- For 38 years, Deloitte has studied consumer behavior and sentiment ahead of the crucial holiday shopping season.
- This year's " 2023 Deloitte Holiday Retail Survey " examines what retailers can likely expect from consumers shopping for the holidays.
- Nearly 30% of shoppers will be responsible for almost 70% of the holiday spending this year, spending an expected average of $2,146 or more this season.
- "Although inflation shows signs of moderating, consumers have come to expect higher prices and are adjusting their holiday spending accordingly.