This statistic shows the year-over-year growth of holiday retail sales in the United States from 2000 to 2023. In 2023, holiday retail sales were forecast to grow by approximately three percent compared to the previous year. This was given as a conservative value. Forecast holiday season retail growth was expected to be within the three and four percent range.
Holiday season in the United States
The holiday season is just around the corner and it’s truly the best time of the year for both consumers and retailers of all shapes and sizes. Since the recession in 2008, Christmas holiday retail sales in the United States have grown steadily. In 2022, Christmas retail sales reached 929.5 billion U.S. dollars. Furthermore, the amount of money that U.S. consumers plan to spend on gifts has fluctuated year to year.
Gift shopping
In the United States, consumers were more likely to select online stores when shopping for gifts for their loved ones. More than half of consumers in 2022 said that they were more likely to visit online retailers for holiday gifts. Mass retailers were also popular with half of respondents to the same survey. Most U.S. consumers would already begin their holiday shopping before Thanksgiving. Only a small fraction of consumers (nine percent) said they would start their holiday shopping in December.
Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023
* Projected figures. The source provided the forecasted growth figures for 2023 as a range between 3 to 4 percent. In this statistic, conservative value is given.
The holiday season is defined by the NRF as sales in the months of November and December. Non-seasonally adjusted figures. Excludes automobile dealers, gasoline stations and restaurants.
Data prior to 2003 was taken from previous press releases.
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National Retail Federation. (November 2, 2023). Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023 [Graph]. In Statista. Retrieved October 06, 2024, from https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/
National Retail Federation. "Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023." Chart. November 2, 2023. Statista. Accessed October 06, 2024. https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/
National Retail Federation. (2023). Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023. Statista. Statista Inc.. Accessed: October 06, 2024. https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/
National Retail Federation. "Year-over-year Growth of Christmas Holiday Retail Sales in The United States from 2000 to 2023." Statista, Statista Inc., 2 Nov 2023, https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/
National Retail Federation, Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023 Statista, https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/ (last visited October 06, 2024)
Year-over-year growth of Christmas holiday retail sales in the United States from 2000 to 2023 [Graph], National Retail Federation, November 2, 2023. [Online]. Available: https://www.statista.com/statistics/209299/year-to-year-percentage-of-change-in-holiday-retail-sales-in-the-us-since-2000/