More than one-third of Americans plan to spend at least $1,000 on holiday shopping this year, a significant increase from recent years and the highest share in at least 15 years, according to the CNBC All-America Economic Survey released Sunday, a sign of widening prosperity among U.S. households.
The survey, conducted Dec. 4-8 among 1,000 adults nationwide, found 36 percent of respondents plan to spend $1,000 or more on holiday gifts, up from 29 percent last year and 32 percent in 2022. The figure represents a substantial shift from the early 2010s, when only about one-in-four Americans planned to spend at that level.
Overall, Americans plan…
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