Americans' favorite holiday of the year in 2015
“All of them!” most of us would probably say when asked what our favorite holiday is, but when given a choice, Americans favor Christmas over Thanksgiving and Halloween. Christmas is a civil holiday in the United States, and most Americans celebrate it regardless of their religious affiliation.
Shopping holiday
Christmas is an immense economic stimulus as well, and Americans are quite generous when it comes to spending money on Christmas gifts for their loved ones. Sales growth typically increases significantly during this season, and it took a painful hit during the 2008 recession – lucky for the economy, it has since recovered.
And a partridge in a Christmas tree
The most prominent accessory of Christmas festivities, the Christmas tree, is still a staple for Americans, with fake trees having risen in popularity over the years. Just like the allocated budget for presents, the amount Americans spend on trees, either real or fake, has increased significantly over the years. This is probably only partly due to generosity, and is more down to increasing prices, as shown in the Christmas Price Index, which shows the current cost for one set of each of the items mentioned in the Christmas song, “The Twelve Days of Christmas”. While it does not include Christmas trees, it’s a good indicator of consumer prices and inflation.
Shopping holiday
Christmas is an immense economic stimulus as well, and Americans are quite generous when it comes to spending money on Christmas gifts for their loved ones. Sales growth typically increases significantly during this season, and it took a painful hit during the 2008 recession – lucky for the economy, it has since recovered.
And a partridge in a Christmas tree
The most prominent accessory of Christmas festivities, the Christmas tree, is still a staple for Americans, with fake trees having risen in popularity over the years. Just like the allocated budget for presents, the amount Americans spend on trees, either real or fake, has increased significantly over the years. This is probably only partly due to generosity, and is more down to increasing prices, as shown in the Christmas Price Index, which shows the current cost for one set of each of the items mentioned in the Christmas song, “The Twelve Days of Christmas”. While it does not include Christmas trees, it’s a good indicator of consumer prices and inflation.
