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SPEAK OUT: Do You Plan to Spend More Money this Holiday Season?

How will your finances affect your holiday spending?

 

Two-thirds, 67 percent, of respondents to a recent poll by the NPD Group said they “plan to spend about the same” as last year, while 10 percent planned to “spend more.”

That's a slight increase in consumer optimisim compared to 2011, when 64 percent of consumers said they would spend about the same and 9 percent said they would spend more.

This year, 23 percent of consumers said they "plan to spend less," compared to 27 percent who responded that way in 2011.

With the economy and job situation still in flux for many families, we want to know what families in the Somerville area plan to do for Christmas, Hanukah or Kwanzaa gifts in 2012.

Will you be more creative with your gifting?

Use sites like Groupon, Living Social, etc?

Brave Black Friday sales? Shop local?

Cook or bake for familty and friends?

Courtney O'Keefe November 16, 2012 at 04:47 PM
I, as always, will be very local with my spending. Gift certificates and wrappables will be purchased at Somerville businesses :)
Jason November 17, 2012 at 12:26 PM
Less is more.
Jason November 17, 2012 at 12:27 PM
In fact, all my holiday shopping will done at Johnnies FoodMaster!
AHM November 18, 2012 at 02:55 AM
About the same this year which is very little. Not in this economy. My pay has down in the last 3 years. My father (almost 90) will be making some toys for toys for tots with my mother's help, they go over big there. They don't have the resources for much more than that.

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