consumers planned to buy gift cards or gift certificates for others. In fact, in 2021, roughly three-quarters of U.S. After Christmas and New Year’s Eve, retail sales usually peak again in January as many people redeem their received Christmas gift cards and vouchers. It is known as a big economic stimulus for many people to purchase Christmas gifts for their beloved family and friends. dollars, the most popular day for online shopping was Cyber Monday in 2020.Ĭhristmas is a public holiday in the United States and is celebrated on December 25th each year. With spending via desktop reaching approximately six billion U.S. The Christmas or holiday season is the single most critical sales period of the year for many retailers: this period includes days, such as Thanksgiving and Black Friday, and an increasing amount of Americans shop online during this busy time. This is more than what Americans were thinking of spending on gifts in the past 20 years. In 2021, consumers in the United States expected to spend approximately 886 U.S. Average spending on Christmas gifts in the U.S.
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