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10% Of the Richer Households Will Account for an Estimated 25% of the Total December Gift Market, Sp PDF Print E-mail
 
Friday, 02 December 2005
10% Of the Richer Households Will Account for an Estimated 25% of the Total December Gift Market, Spending $57 Billion

DUBLIN, 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.
(http://www.researchandmarkets.com/reports/c28736)

The data in this report was drawn from the Fall 2005 Affluent Market Tracking Study #8, the latest in an ongoing series of twice yearly surveys of the most affluent 10% of U.S. households. These surveys measure and track how the affluent assess current business conditions and their 12-month outlook for the economy, the stock market, and their personal household earnings. The surveys also monitor anticipated changes in spending for a variety of different products and services, changes in expected rates of saving, and primary investment objectives.

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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