2019 Post-Holiday Shopping Season Survey
Just because the holidays have come and gone does not mean the holiday shopping season is over. Its final act is actually just beginning.
Many people have unwanted gifts they’d like to return, which can lead to more shopping plus a fair amount of frustration. We also have holiday debt to deal with and financial resolutions we’re trying to stick to.
With that in mind, WalletHub conducted a nationally representative online survey to see how consumers have handled the holiday shopping season (so far) as well as to gauge people’s financial expectations for the new year. You can find the complete results in the following infographic.
Post-Holiday Shopping Season Survey: Key Stats
- 37% of people say they overspent this past holiday season.
- 34% of people plan to return a present they received this past holiday season.
- 8% of people want a credit card that provides extra time for returns.
- 18% of people regret a 2018 holiday purchase.
- 53 million people (21%) think 2019 will be a worse year for their wallets.
Ask The Experts: Holiday Shopping Debrief
To better understand the results of 2019’s Post-Holiday Shopping Survey, including the factors contributing to current consumer sentiment as well as the implications of it, we posed the following questions to a distinguished panel of experts. Check out their answers below.
- Are you surprised that 34% of people plan to return a present they received this past holiday season? Any advice for those planning a return?
- Why do you think 18% of survey respondents regret at least one purchase they made this past holiday season? What factors lead to such buyer's remorse, and how can people avoid it in the future?
- 37% of people say they overspent this past holiday season. What do you think that means for consumer finances and the economy in 2019?
- Do you agree with the 21% of people who think 2019 will be a worse year for their wallets?
- 28% of people say they will apply for a new credit card in 2019 (vs. 15% last year). What do you think explains the jump?
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