{"id":3443,"date":"2024-11-18T23:43:59","date_gmt":"2024-11-19T04:43:59","guid":{"rendered":"https:\/\/preconstruction.info\/blog\/?p=3443"},"modified":"2024-11-18T23:43:59","modified_gmt":"2024-11-19T04:43:59","slug":"2024-holiday-spending-trends","status":"publish","type":"post","link":"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/","title":{"rendered":"Americans Ready to Spend This Holiday Season Despite Inflation Challenges"},"content":{"rendered":"<p>2024 <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">holiday spending<\/a> &#8211; The holiday season is a time of joy, connection, and celebration, but for many Americans, it also means increased spending. In 2024, U.S. consumers are showing signs of resilience as they prepare to spend more on holiday-related purchases than in the past few years. According to The Conference Board\u2019s Holiday Spending Survey, the average consumer plans to spend $1,063 this year\u2014a 7.9% increase from 2023.<\/p>\n<p>However, beneath the surface of these nominal figures lies a more complex reality. <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">Inflation<\/a>, which has persisted over the past few years, continues to erode purchasing power. Adjusted for inflation, holiday spending in 2024 remains below pre-pandemic levels, highlighting a cautious optimism among shoppers.<\/p>\n<p>This detailed exploration examines the nuances of holiday spending trends in 2024, providing insights into consumer behavior, demographic differences, and the broader economic landscape shaping this season\u2019s celebrations.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#2024_Holiday_Spending_Overview_More_Dollars_Less_Value\" >2024 Holiday Spending Overview: More Dollars, Less Value<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Breakdown_of_Holiday_Budgets\" >Breakdown of Holiday Budgets<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Gift_Spending\" >Gift Spending<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Non-Gift_Items\" >Non-Gift Items<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Demographic_Insights_Whos_Spending_More_and_Whos_Cutting_Back\" >Demographic Insights: Who\u2019s Spending More and Who\u2019s Cutting Back<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Spending_by_Age_Group\" >Spending by Age Group<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Spending_by_Income_Level\" >Spending by Income Level<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Evolving_Shopping_Habits_in_2024\" >Evolving Shopping Habits in 2024<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Online_Shopping_Trends\" >Online Shopping Trends<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Popular_Gift_Categories\" >Popular Gift Categories<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#The_Impact_of_Inflation_on_Holiday_Celebrations\" >The Impact of Inflation on Holiday Celebrations<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Price_Expectations_for_2024\" >Price Expectations for 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Staying_Close_to_Home\" >Staying Close to Home<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Consumer_Confidence_A_Mixed_Picture\" >Consumer Confidence: A Mixed Picture<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Whats_Driving_Confidence\" >What\u2019s Driving Confidence?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Challenges_Ahead\" >Challenges Ahead<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Strategies_for_Navigating_the_2024_Holiday_Season\" >Strategies for Navigating the 2024 Holiday Season<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Tips_for_Consumers\" >Tips for Consumers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Tips_for_Retailers\" >Tips for Retailers<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/#Looking_Beyond_2024\" >Looking Beyond 2024<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"2024_Holiday_Spending_Overview_More_Dollars_Less_Value\"><\/span><strong>2024 Holiday Spending Overview: More Dollars, Less Value<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The 7.9% increase in planned holiday spending marks a rebound from previous years, with consumers allocating $1,063 on average for gifts, decorations, food, and more. This nominal growth is a testament to improved <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">consumer confidence<\/a>, supported by a resilient job market and easing inflation compared to its peak.<\/p>\n<p>Yet, when adjusted for inflation, the story changes:<\/p>\n<ul>\n<li>In real terms, holiday spending is equivalent to $860 in 2017 dollars, up only 5.3% from 2023.<\/li>\n<li>This figure falls below spending levels in 2021 and 2022, underscoring the lingering effects of several years of high inflation.<\/li>\n<\/ul>\n<p>While the headline numbers suggest optimism, the inflation-adjusted reality reflects limitations on what consumers can afford.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Breakdown_of_Holiday_Budgets\"><\/span><strong>Breakdown of Holiday Budgets<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h4><span class=\"ez-toc-section\" id=\"Gift_Spending\"><\/span><strong>Gift Spending<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Gifts remain the centerpiece of holiday expenditures, with Americans planning to spend an average of $677, up 3.4% from $654 in 2023. However, the growth in gift budgets is modest compared to the increase in non-gift spending.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Non-Gift_Items\"><\/span><strong>Non-Gift Items<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Budgets for non-gift items, including food, decorations, and wrapping paper, are up by a significant 17%, reaching $387 on average. This surge reflects rising costs for essentials and a renewed emphasis on home-based celebrations.<\/p>\n<p>The sharp increase in non-gift spending highlights the inflationary pressures on everyday holiday essentials, forcing consumers to prioritize where their dollars go.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Demographic_Insights_Whos_Spending_More_and_Whos_Cutting_Back\"><\/span><strong>Demographic Insights: Who\u2019s Spending More and Who\u2019s Cutting Back<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Not all consumers are approaching the holiday season with the same spending mindset. Age and income play pivotal roles in shaping holiday budgets.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Spending_by_Age_Group\"><\/span><strong>Spending by Age Group<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Younger Consumers<\/strong>: Those under 45 are leading the charge in increased holiday spending. Their willingness to spend more reflects higher confidence levels and a focus on experiences and gifts for children.<\/li>\n<li><strong>Middle-Aged Consumers (55-64)<\/strong>: This group shows the largest increase in non-gift spending, likely driven by hosting responsibilities and a desire to create memorable celebrations.<\/li>\n<li><strong>Older Consumers (65+)<\/strong>: Retirees are scaling back, with reductions in both gift and non-gift budgets compared to last year, reflecting fixed incomes and sensitivity to rising prices.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Spending_by_Income_Level\"><\/span><strong>Spending by Income Level<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>High-Income Households ($125K+)<\/strong>: Wealthier consumers are driving much of the spending growth, with significant increases in both gift and non-gift categories.<\/li>\n<li><strong>Middle-Income Households ($75K\u2013$100K)<\/strong>: These consumers also report increased spending but remain cautious about stretching budgets too thin.<\/li>\n<li><strong>Lower-Income Households (&lt;$75K)<\/strong>: Households with tighter budgets are cutting back on holiday spending, particularly in discretionary areas like gifts.<\/li>\n<\/ul>\n<p>These demographic insights reveal the uneven impact of inflation and the broader economy on holiday spending behaviors.<\/p>\n<p>Explore the latest trends in the\u00a0<a href=\"https:\/\/preconstruction.info\/blog\/category\/miami-real-estate-market\/\" target=\"_blank\" rel=\"noopener\"><strong>Miami real estate market<\/strong><\/a>\u00a0with\u00a0<a href=\"https:\/\/www.brickellsold.com\/\" target=\"_blank\" rel=\"noopener\">Brickellsold<\/a>, your go-to source for\u00a0<a href=\"https:\/\/www.brickellsold.com\/\" target=\"_blank\" rel=\"noopener\">Brickellsold MLS listings<\/a>\u00a0and expert property insights. For in-depth information on the\u00a0<a href=\"https:\/\/preconstruction.info\/usa\/florida\">pre-construction market in Florida<\/a>, visit\u00a0<a href=\"https:\/\/preconstruction.info\/\">Preconstruction Info<\/a>\u00a0and stay updated on new developments and opportunities. Discover exceptional\u00a0<a href=\"https:\/\/www.clickmediapro.ca\/\" target=\"_blank\" rel=\"noopener\"><strong>real estate photography services<\/strong><\/a>\u00a0in <a href=\"https:\/\/preconstruction.info\/blog\/emerging-trends-in-canadian-real-estate-2025\/\">Toronto<\/a> with\u00a0<a href=\"https:\/\/www.clickmediapro.ca\/\" target=\"_new\" rel=\"noopener\">Click Media Pro<\/a>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Evolving_Shopping_Habits_in_2024\"><\/span><strong>Evolving Shopping Habits in 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The way Americans shop for the holidays has undergone dramatic changes over the past decade, accelerated by the pandemic. In 2024, these trends are stabilizing, with a mix of online and in-store shopping.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Online_Shopping_Trends\"><\/span><strong>Online Shopping Trends<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Stabilization After the Pandemic Surge<\/strong>: While 43% of consumers plan to do at least half their shopping online, this figure is slightly lower than in 2023, suggesting a return to pre-pandemic habits.<\/li>\n<li><strong>Hybrid Shopping Preferences<\/strong>: Many consumers are blending online and in-store shopping, valuing the convenience of e-commerce and the tactile experience of physical stores.<\/li>\n<li><strong>Minimal Exclusively In-Store Shopping<\/strong>: Only 8% of consumers plan to do all their shopping in physical stores, reflecting the enduring appeal of online options.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Popular_Gift_Categories\"><\/span><strong>Popular Gift Categories<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>On the Rise<\/strong>:\n<ul>\n<li><strong>Vacation and Travel<\/strong>: Experiences are gaining traction as gifts, reflecting a shift in consumer priorities.<\/li>\n<li><strong>Gift Cards<\/strong>: These remain a favorite for their flexibility and ease.<\/li>\n<li><strong>Toys and Games<\/strong>: A perennial favorite, especially for younger demographics.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Declining Popularity<\/strong>:\n<ul>\n<li><strong>Books, Music, and DVDs<\/strong>: Physical media continues to lose ground to digital formats.<\/li>\n<li><strong>Beauty Products and Home D\u00e9cor<\/strong>: These categories are seeing reduced interest, potentially due to budget constraints.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"The_Impact_of_Inflation_on_Holiday_Celebrations\"><\/span><strong>The Impact of Inflation on Holiday Celebrations<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Despite easing inflation compared to its peak, the cumulative effect of several years of rising prices continues to shape holiday behavior.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Price_Expectations_for_2024\"><\/span><strong>Price Expectations for 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Higher Costs<\/strong>: About 50% of consumers expect to pay more for gifts and food this year, though this share is lower than in 2023.<\/li>\n<li><strong>Cautious Spending<\/strong>: Many consumers are adjusting their budgets, seeking discounts, and prioritizing value to offset higher costs.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Staying_Close_to_Home\"><\/span><strong>Staying Close to Home<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Limited Travel Plans<\/strong>:\n<ul>\n<li>69% of consumers plan to celebrate at home or near home, a trend consistent with previous years.<\/li>\n<li>Among those traveling, driving remains the most popular mode of transportation, reflecting cost-conscious decision-making.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Focus on Home Celebrations<\/strong>: Rising costs for travel and accommodations are encouraging consumers to invest in creating memorable home-based celebrations instead.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Consumer_Confidence_A_Mixed_Picture\"><\/span><strong>Consumer Confidence: A Mixed Picture<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The October rebound in the Consumer Confidence Index\u00ae suggests optimism among Americans, driven by a strong <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">labor market<\/a> and easing inflation. However, this optimism is tempered by lingering economic challenges.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Whats_Driving_Confidence\"><\/span><strong>What\u2019s Driving Confidence?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Resilient Job Market<\/strong>: Low unemployment rates and steady <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">job growth<\/a> have boosted consumer sentiment.<\/li>\n<li><strong>Easing Inflation<\/strong>: While prices remain high, the pace of inflation has slowed, offering some relief.<\/li>\n<li><strong>Pent-Up Demand<\/strong>: After years of pandemic-related disruptions, consumers are eager to return to traditional holiday activities.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Challenges_Ahead\"><\/span><strong>Challenges Ahead<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ul>\n<li><strong>Persistent Inflation<\/strong>: Even with slowing inflation, elevated price levels continue to strain budgets.<\/li>\n<li><strong>Economic Uncertainty<\/strong>: Concerns about <a href=\"https:\/\/preconstruction.info\/blog\/bank-of-canada-cuts-interest-rates-2024\/\">interest rates<\/a> and the broader economy are weighing on some consumers\u2019 minds.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Strategies_for_Navigating_the_2024_Holiday_Season\"><\/span><strong>Strategies for Navigating the 2024 Holiday Season<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Whether you\u2019re a consumer looking to maximize your holiday budget or a retailer aiming to capture seasonal demand, strategic planning is essential.<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Tips_for_Consumers\"><\/span><strong>Tips for Consumers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ol>\n<li><strong>Set a Budget<\/strong>: Outline your spending limits early and stick to them to avoid financial strain.<\/li>\n<li><strong>Shop Early<\/strong>: Take advantage of early sales and promotions to secure the best deals.<\/li>\n<li><strong>Prioritize Value<\/strong>: Focus on meaningful gifts and experiences that resonate with your loved ones.<\/li>\n<li><strong>Use Technology<\/strong>: Leverage apps and tools to track prices and find the best deals.<\/li>\n<\/ol>\n<h4><span class=\"ez-toc-section\" id=\"Tips_for_Retailers\"><\/span><strong>Tips for Retailers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<ol>\n<li><strong>Highlight Value<\/strong>: Showcase discounts and promotions to appeal to cost-conscious shoppers.<\/li>\n<li><strong>Enhance Online Experiences<\/strong>: Invest in user-friendly e-commerce platforms to attract digital-first consumers.<\/li>\n<li><strong>Cater to Demographics<\/strong>: Tailor marketing efforts to younger and wealthier consumers, who are driving spending growth.<\/li>\n<li><strong>Focus on Popular Categories<\/strong>: Promote travel-related gifts, gift cards, and toys to align with consumer preferences.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"Looking_Beyond_2024\"><\/span><strong>Looking Beyond 2024<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As the holiday season unfolds, it offers a window into broader economic and cultural trends. The interplay between <a href=\"https:\/\/preconstruction.info\/blog\/november-2024-consumer-confidence-analysis\/\">consumer optimism<\/a>, inflation, and evolving shopping habits will shape not only this season but also future celebrations.<\/p>\n<p>For consumers, the holidays are an opportunity to focus on connection and joy, even in the face of financial challenges. For businesses, the season presents a chance to adapt, innovate, and meet the evolving needs of their customers.<\/p>\n<p>Here\u2019s to a festive and fulfilling holiday season\u2014no matter how you choose to celebrate.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>2024 holiday spending &#8211; The holiday season is a time of joy, connection, and celebration, but for many Americans, it also means increased spending. In 2024, U.S. consumers are showing signs of resilience as they prepare to spend more on holiday-related purchases than in the past few years. According to The Conference Board\u2019s Holiday Spending &#8230; <a title=\"Americans Ready to Spend This Holiday Season Despite Inflation Challenges\" class=\"read-more\" href=\"https:\/\/preconstruction.info\/blog\/2024-holiday-spending-trends\/\" aria-label=\"Read more about Americans Ready to Spend This Holiday Season Despite Inflation Challenges\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3444,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,520],"tags":[522],"class_list":["post-3443","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","category-usa","tag-inflation"],"_links":{"self":[{"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/posts\/3443","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/comments?post=3443"}],"version-history":[{"count":2,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/posts\/3443\/revisions"}],"predecessor-version":[{"id":3446,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/posts\/3443\/revisions\/3446"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/media\/3444"}],"wp:attachment":[{"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/media?parent=3443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/categories?post=3443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/preconstruction.info\/blog\/wp-json\/wp\/v2\/tags?post=3443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}