NRF has been conducting its annual graduation spending survey since 2007 to see how Americans will celebrate high school and college graduates each spring.

Graduation 2022


Consumers to spend an average $115 on grad gifts

According to NRF’s annual survey conducted by Prosper Insights & Analytics, 33% of respondents will buy a gift for a high school or college graduate this year.

  • Total expected spending is $5.8 billion
  • Once again, cash is the top gift

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