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.

Never Tell People How Old They Look

Age discrimination affects us all. Who cares about youth? James Hamblin turns to his colleague Jeffrey Goldberg for advice.

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

Never Tell People How Old They Look

Age discrimination affects us all. James Hamblin turns to a colleague for advice.

Video

Would You Live in a Treehouse?

A treehouse can be an ideal office space, vacation rental, and way of reconnecting with your youth.

Video

Pittsburgh: 'Better Than You Thought'

How Steel City became a bikeable, walkable paradise

Video

A Four-Dimensional Tour of Boston

In this groundbreaking video, time moves at multiple speeds within a single frame.

Video

Who Made Pop Music So Repetitive? You Did.

If pop music is too homogenous, that's because listeners want it that way.

More in Business

Just In