Chart: 47% of Consumers Will Spend More Than $500 for the Holidays

Christmas is two months away and Thanksgiving isn't for another three weeks, but already the most important winter celebration of the year for retailers is getting into full swing: It's Holiday Shopping Season.

Here's Lab42 to ride us through some gosh-wow statistics for the most important two months in many businesses' year. Some highlights: 31% of consumers expect to spend more than $700 this season; 70% will be on their computers or in their cars on the way to the mall on Black Friday; and only 5% plan to start shopping on Christmas week. Full disclosure: I am the 5%.



Source: Lab42

Presented by

Derek Thompson is a senior editor at The Atlantic, where he writes about economics, labor markets, and the entertainment business.

The Man Who Owns 40,000 Video Games

A short documentary about an Austrian gamer with an uncommon obsession

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

An Ingenious 360-Degree Time-Lapse

Watch the world become a cartoonishly small playground

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Business

Just In