Gift Spending To Rise This Holiday Season.
In its annual consumer spending survey for Christmas gift-giving season the International Council of Shopping Centers (ICSC) expects the average household spend to increase 9 percent to $676.
Seventeen percent of consumers suggested they would spend much more than they spent in 2005, about 56 percent said they would spend the same on gifts in 2006 as they did one year ago, and 27 percent said they would spend less for Christmas 2006.
Expected holiday gift purchases for 2006, according to ICSC's survey, found that men plan to spend about $717 and women intend to spend about $637.
43 shopping days to Christmas.
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