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CashNetUSA | Nearly Half of Americans Plan To Trim Their Holiday Spending This Year

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Published on Nov 20, 2013

The continuing economic slump has nearly one in two Americans regretfully playing Scrooge this holiday season. Almost one in two Americans (46 percent) report they will spend less on the holidays than last year, with those living in the South more likely than any other region to say they plan to spend less this year at 55 percent. The online survey was conducted in October 2013 among 2,014 Americans ages 18+ by Harris Interactive on behalf of online lender CashNetUSA. The survey provides further proof that consumer uncertainty over the near-term economic outlook will have an impact on holiday spending. According to the survey, only eight percent of Americans indicate they plan to spend more on the holidays this year than last year and 37 percent indicated they would spend the same as last year. Nine percent say they don't spend any money on the holidays.

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