Deloitte Holiday Retail Survey

Deloitte Holiday Retail Survey: Holiday Spending Down Nearly 10% YoY In 2025 Amid Higher Prices

Holiday spending is down by roughly 10% in 2025 versus 2024, as three-quarters of consumers (77%, up from 69% in 2024) expect higher prices on holiday goods, according to the Deloitte Holiday Retail Survey 2025.