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

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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

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

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