16% have less money due to loss of income
15% say they plan to spend more on shipping presents because they are unable to travel to visit family and friends
21% report having more money to spend this holiday season
21% indicate they expect to spend more per person this year
Nearly 1/3 of respondents say they will spend less per person this year
The shoppers surveyed plan to spend an average of nearly $133 on gifts per person and an average overall spend of almost $710. This is generous, of course, comments Jennifer Doss, an editor for CardRatings, but it s still a lot less than consumer spending last year. In 2019, consumers spent an average of $1,214 on their credit cards during the 2019 holiday season.