Story perspectives
Holiday Spending Strain: 62% Expect Financial Difficulties
11/28/2025
1 of 1
Story summary
- A Bank of America survey finds that consumers face financial strain this holiday season as prices rise.
- Sixty-two percent of respondents expect difficulties with holiday expenses.
- Fifty-eight percent say gifts are more expensive.
- Tariffs on electronics and jewelry are suspected to contribute to these price hikes.
- Thirty-eight percent plan to buy gifts only for immediate family and twenty-three percent plan to scale back gift-giving.
