Are Americans selfish or selfless when it comes to gift-giving?
By Herb Scribner, Deseret News
Americans are planning to spend their holiday bonuses on two things this year — family and themselves.
The National Retail Federation’s latest consumer survey found that American holiday shoppers plan on spending about $462.95 on family members this year, which is up from the $458.75 they spent last year.
And Americans plan on spending a lot on themselves. The survey found that 55.8 percent of shoppers will spend an average of $131.59 on themselves — up from $126.37 in 2014, the NRF reported.
In fact, holiday shoppers plan to buy both themselves and their family members nongift items, too, the NRF reported.