Average American household to spend $750 on Christmas

That’s according to the National Retail Federation. Most of that spending will go towards gifts. Care to guess the most popular present this year?

Ragan Insider Premium Content
Ragan Insider Content

The National Retail Federation found that the average American household will spend $749.51 on Christmas this year, with most of that money ($548.56) going toward presents.

And the year’s most popular gift? Gift cards—cue the sad trombone.

To read the full story, log in.
Become a Ragan Insider member to read this article and all other archived content.
Sign up today

Already a member? Log in here.
Learn more about Ragan Insider.