| 10% Of the Richer Households Will Account for an Estimated 25% of the Total December Gift Market, Sp |
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| Friday, 02 December 2005 | |||||||||||||||||||||||||||||
10% Of the Richer Households Will Account for an Estimated 25% of the Total December Gift Market, Spending $57 BillionDUBLIN, IRELAND, (NAMC) - Research and Markets has announced the addition of The Affluent Market For Christmas and Hanukah Holiday Gifts: Forecast of December Holiday Gift Expenditures and the Recipients, Types, and Retail Sources of the Gifts to their offering. The recently completed survey included a series of questions about December (Christmas and Hanukah) gift giving. This data includes identification of what the respondents most want to receive as gifts and the amount they plan to spend for December holiday gifts for their spouse, their children, other relatives, and friends. Data on when and where they will shop for the gifts is also provided. On average, the 11 million households represented by this survey will spend five times the average U.S. household, according to the latest survey for The National Retail Federation. In total, the wealthiest 10% will spend about $57 billion or 25% of the total estimated December holiday gift market. The respondents in this survey reported an average net worth of $2.7 million and an average $308,000 annual income. Includes 20 tables. Topics Covered Introduction Survey Overview Research Methodology Respondent Profile Outlook for the Economy and Personal Earnings 2005 Holiday Gift Purchase Intentions 2004 Holiday Gift Expenditures 2005 Planned Holiday Gift Expenditures 2005 vs. 2004 Gift Expenditures Anticipated 2005 Holiday Spending Changes Retail Sources of Gift Purchases - 2004 and 2005 Timing of Holiday Shopping Gifts I Would Like to Receive People to Whom I Will Give Holiday Gifts Shopping for People to Whom I Will Give Holiday Gifts Spouse Children Under 18 Years Children 18 and Over Other relatives Friends Exhibit 1 (Explanation of Calculations) Exhibit 2 (Comparisons to NRF Survey) For more information visit http://www.researchandmarkets.com/reports/c28736
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