Per Bloomberg: About 60% of respondents said they plan to buy fewer gifts and to purchase gifts for fewer people. A similar percentage are cutting back on holiday travel.
1/3 have also reportedly stopped gift giving all together.
Reportedly, Bloomberg says that "Three in 10 say they expect to be disappointed by the gifts they receive this year, with millennials and Gen Z especially pessimistic."
One third of Americans are thinking of skipping holiday gifts altogether this year
12/20/2022
