NRF has been conducting its annual graduation spending survey since 2007 to see how Americans will celebrate high school and college graduates each spring.
What consumers planned to spend on grad gifts in 2022
According to NRF’s annual survey conducted by Prosper Insights & Analytics, 33% of respondents planned to buy a gift for a high school or college graduate in 2022.
- Total expected spending was $5.8 billion
- Once again, cash was the top gift
- 2019: After graduation: Where this year’s grads will find jobs
- 2018: Graduation spending to reach $5.2 billion
- 2017: Graduation spending to reach record-high $5.6B
- 2016: Americans to spend $5.4 billion on graduation gifts
- 2015: Graduates make room for electronics, cash after graduation
Results of NRF’s graduation spending survey are released each year in May.
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