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The 2023 consumer spending report

Discover how consumers are adjusting their habits amid economic uncertainty—for BFCM and beyond

Are shoppers spending more or less this holiday season?

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Consumers weighed in:

91%
feel the impact of inflation now
$745
average planned spend on holiday gifts
69%
believe inflation will impact their future spending plans

Using this research, you can develop a strategy that activates your first-party data in both owned and paid media channels to produce outcomes that drive profitable new customer acquisition and higher retention rates.

Sean MacBeth
interim leader of growth marketing, Chameleon Collective
KEY FINDING #1

Economic perceptions

KEY FINDING #2

Current vs. future spend

KEY FINDING #3

In-store vs. online shopping

KEY FINDING #4

Holiday shopping plans