Americans plan to spend big this holiday season even as they fret about the economy, study finds
Bogdan Hofbauer
Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new analysis from Visa Business and Economic Insights. U.S. consumers are forecast to spend an average of $736 each on holiday gifts, a 10% increase from the $669 reported last year, Visa said in its 2025 holiday spending outlook . Inflation partly explains this year's projected sales growth, with the
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