
A majority of U.S. adults, 55%, say they will spend less on holiday gifts this year compared with last year, according to a new NBC News Decision Desk Poll powered by SurveyMonkey, highlighting how inflation has changed spending habits. Limited time: Save 25% on NBC News subscription Get exclusive reporting, live Q&As and ad-free reading. Only 9% say they will spend more on holiday gifts this year, while 36% say they'll spend about the same.
Main Idea: A new NBC News poll says most Americans plan to spend less on holiday gifts this year because of inflation and broader money worries.
Key Points:
Households may cut holiday spending, which can squeeze small businesses and leave many families feeling less able to afford gifts and seasonal extras.
Some consumers may avoid extra debt by spending less, and the pullback could ease pressure on budgets.
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Major partisan group used to compare holiday spending sentiment in the poll.
Major partisan group used to compare holiday spending sentiment in the poll.
Major partisan group used to compare holiday spending sentiment in the poll.
Polling platform credited with powering the survey and supplying the article’s core data.
The survey concerns U.S. adults and their views on spending and the economy.
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