February 25, 2024 9:44 AM

christmas spending 2016

Holiday Vacationers Spend More On Shopping Than Travel For 2016 Making Traveling Cheaper Than Gift-Giving For Holidays

The average American household spends about $287 on gifts with a possible expense overhead of $929 as compared to travel spending amounting only to $124. The gifting budget of $500 per American child makes traveling to international resorts cheaper for holidays.

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