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Article: NEWS BRIEFS.(miscellaneous brief articles)
- Article from:
- HFN The Weekly Newspaper for the Home Furnishing Network
- Article date:
- January 6, 2003
CopyrightCOPYRIGHT 2003 MacFadden Communications Group LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Holiday Shoppers Overshot Budgets
This year holiday shoppers say they spent 81 percent more than they had anticipated in late October, according to a Dec. 27 to 29 survey by the International Mass Retail Association. Shoppers averaged $1,558 per household, up from their prediction of $863 when surveyed Oct. 18 to 20. Their holiday spending is 38 percent more than last year's average in IMRA's survey at the end of December.
For the first time since IMRA began the holiday surveys (1996), women spent more than men.
Their households averaged $1,742, compared with the men's average of $1,375 per household. The biggest spenders this year were those ...