NRF’s holiday surveys gauge consumer sentiment and shopping trends during the holiday season, including Thanksgiving, Black Friday, Small Business Saturday, Cyber Monday, Super Saturday and Christmas. Check out NRF's Winter holidays FAQs and our Winter holidays historical highlights for more information on the latest holiday season and years past. Check back often to stay up to date on retail's busiest season.

Consumers to spend second-highest amount on record

Consumers plan to spend $890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items.

A person shopping for Holiday presents.

2025 Winter Holiday Consumer Outlook webinar

 Nov. 12, 2025 | 1 p.m. ET 

NRF’s Executive Director of Research Mark Mathews and Vice President of Industry and Consumer Insights Katherine Cullen will take a deep dive into NRF’s 2025 holiday sales forecast, consumer spending expectations and trends this winter holiday season.

A laptop and presents.
 

Historical highlights


2024


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2023


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2022


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