Holiday Spending Expected To Rise This Year

Nov 15, 2016

Credit Victor Hanacek

Overall spending is expected to increase this Holiday Season.  The Florida Retail Federation is expecting a 4 percent bump in state spending over last year. But Federation President Randy Miller says per person spending is expected to decrease slightly. He says shoppers are expected to spend about $935 per person this season.

“$590 on gifts for family, friends and coworkers. $207 on decorations, flowers and greeting cards and $140 on the most important person—themselves,” Miller says.

Experts predict some of this year’s most popular toys will include trolls, legos, microphones, and drones.