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The Holidays, Holiday Shopping and COVID-19

holiday shopping COVID-19

According to a national survey by WalletHub, an estimated 45% of people in the United States will start shopping for the holidays earlier this year due to COVID-19. The survey also found:

• Almost 60% of people say they’ll pay for their holiday purchases in full by the due date.

• Almost 41 million Americans still have credit card debt from last holiday season.

• Nearly 102 million consumers will spend less on holidays this year than last year.

• 101 million people would pay extra for a COVID-19 vaccine.

• 31% more young adults than baby boomers plan to be more charitable this year.

The Arizona 100 reports

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