According to a survey conducted in October 2020, just over 20 percent consumers in the United States said they would spend more during this year's holiday season if they were to receive a federal stimulus payment of 1,200 U.S. dollars. Without the assistance, only about 15 percent of U.S. shoppers would be planning to spend more this year. Approximately half of the respondents intend to spend the same amount, with or without a stimulus payment.
Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020
This question was phrased by the source as follows: "Thinking about the upcoming holiday season. Do you anticipate spending more, less or about the same amount as you spent during last year's holiday season, assuming you do not receive any new assistance from the government or other sources, or were to receive a stimulus payment of $1,200?"
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Gallup. (November 12, 2020). Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020 [Graph]. In Statista. Retrieved November 18, 2024, from https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/
Gallup. "Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020." Chart. November 12, 2020. Statista. Accessed November 18, 2024. https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/
Gallup. (2020). Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020. Statista. Statista Inc.. Accessed: November 18, 2024. https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/
Gallup. "Likelihood of U.S. Consumers to Change Holiday Spending If They Receive a Stimulus Payment in 2020." Statista, Statista Inc., 12 Nov 2020, https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/
Gallup, Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020 Statista, https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/ (last visited November 18, 2024)
Likelihood of U.S. consumers to change holiday spending if they receive a stimulus payment in 2020 [Graph], Gallup, November 12, 2020. [Online]. Available: https://www.statista.com/statistics/1189823/influence-of-economic-stimulus-on-holiday-spending-in-the-united-states/
