The continued impact of inflation and a shift in consumer priorities are set to define the 2022 holiday season, as consumers look for ways to make the season merry and bright. While many Americans feel the pinch of higher prices, they may be evaluating how they spend money overall between socializing, gift-giving, and travel. For 37 years, Deloitte has studied consumer behavior and sentiment ahead of the crucial holiday shopping season. This year s report, "2022 Deloitte Holiday Retail Survey," examines what retailers can likely expect from consumers shopping for the holidays. With the current economic sentiment, Deloitte also explores holiday travel intent to help provide a complete spending picture this holiday season in the complementary report, "2022 Deloitte Holiday Travel Survey."
/PRNewswire/ Key takeaways Inflation will likely curb holiday shopping habits: Holiday spending is flat year-over-year with an average $1,455 per household,.
It's the kind of scenario only Scrooge might get a kick out of: Consumers are in a fever to spend money this holiday season, yet they face a shortage of products because of the global supply-chain.
/PRNewswire/ Key takeaways Amid waning pandemic anxiety and stabilizing consumer sentiment, holiday spending will average $1,463 per household, up 5% from.