Oct 23, 2024
NRF releases 2024 winter holiday consumer spending expectations

The National Retail Federation (NRF) announced that consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations and other seasonal items, according to NRF’s latest consumer survey conducted by Prosper Insights & Analytics.

Photo courtesy of Transpac.
As seen in “Deck the Halls: Top trends in 2024 décor.” Photo courtesy of Transpac.

NRF Vice President of Industry and Consumer Insights Katherine Cullen analyzes the key findings in a Q&A video here.

NRF will host a webinar on the 2024 Winter Holiday Consumer Outlook on Oct. 30 from 1-1:30 p.m. Eastern. Attendees will hear from NRF Executive Director of Research Mark Mathews and Vice President of Industry and Consumer Insights Katherine Cullen on the holiday sales forecast, consumer spending expectations and holiday shopping trends. Register here.

A full list of NRF’s 2024 winter holiday resources can be found below:




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