how much is spent on christmas each year

Christmas spending has become a major part of the holiday economy, with billions of dollars spent on gifts, decorations, and other festivities each year. In fact, in 2022, the National Retail Federation projected that Americans would spend an average of $1,024 per household on Christmas gifts alone, with an overall spending total of around $859 billion for the holiday season. That's a lot of money being spent on Christmas!