NRF has been conducting its annual Tax Returns Survey since 2007 to gauge consumer spending and saving behavior related to U.S. income tax returns.
Getting a head start
By the end of January, nearly 30 percent of survey respondents had filed their taxes.
- 2017: Consumers plan to save their tax refunds for later
- 2016: Consumers build confidence by saving tax refunds
- 2015: Americans planning to save, not splurge, with tax refunds
- 2014: Americans hoping to cushion their rainy day funds with tax returns
Results of the Tax Returns Survey are released each year in February.
More on consumer trends
NRF survey says more than 164 million consumers plan to shop over five-day Thanksgiving weekend
Black Friday remains the busiest day of the weekend, with 71 percent planning to shop that day.
This holiday, discounts will win shoppers
5 retail sales and promotions trends leading up to Thanksgiving weekend.
Consumers will spend 4.1 percent more than last year during winter holidays
Consumers will spend $1,007.24 during the 2018 holiday season.
NRF study says consumers shop at discount retailers regardless of age or income
89 percent of consumers shop at various discount retailers.
Monthly Economic Review: September 2018
Economic data looks solid again for the third quarter.
Back-to-Class shopping continues as school begins
Consumers had completed just over half their shopping as students head back to class this month.