5 days ago

US Holiday Spending Steady Amid Economic Concerns

US Holiday Spending Steady Amid Economic Concerns
US consumers wary of economy, but holiday spending plans remain steady: McKinsey · firstpost.com

Even though many people in the US are worried about the economy and prices going up, they still plan to spend about the same amount of money during the 2026 holiday season.

Some people will spend more, some will spend less, and others haven't decided yet.

People are being more careful with their money and are looking for good deals.

They are also starting their holiday shopping earlier and using computers to help them find the best prices and gifts.

Stores need to make sure their products and prices are easy for these computer tools to understand.

Key facts

Percentage planning same spending
47%
Percentage planning to increase spending
23%
Percentage planning to decrease spending
21%
Percentage undecided
9%
Biggest economic concern
Inflation (53%)
Percentage starting shopping by end of October
45%
Percentage likely to use AI for shopping
46%

Sources

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