Holiday Spending up from 2011

According to the National Retail Federation holiday spending is set to increase from 2011 to 2012, but consumers are still staying somewhat conservative in their spending habits.  According to a recent survey conducted by FreightCenter.com, 58.6% of respondents plan on spending between $100 and $1,000 on gifts alone this holiday season. 

This increase in spend is just another signal that our economic climate is improving at least one step at a time. From 2004 to 2011 holiday spending was at an all time low of $681.83 per person.  These numbers have continued to increase, not jump, but increase since 2009. Holiday shoppers also plan to start early, which is good news for online retailers and shipping providers.

Both freight and parcel shippers can expect an increase in shipping volume this season.  According to our survey 42.9% of respondents shop online more than they shop in stores. Electronics were at the top for high ticket items bought online.  While buying is up, expectations for shipping costs is pretty low.

For shipping a large piece of furniture or exercise equipment, customers expect to pay around $50.00 to get it home.  Luckily with all the Cyber Monday Sales, consumers should have a pretty easy time finding discounts or coupons for their shopping and shipping alike.  Start by signing up for our  newsletter and receive discounts on LTL shipments straight to your inbox.

Happy Shopping!