U.S. holiday spending set for steepest drop since pandemic, PwC survey shows

  • Posted on September 3, 2025
  • By Bing News
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U.S. holiday spending set for steepest drop since pandemic, PwC survey shows

(Reuters) -Holiday spending by U.S. consumers is set for its steepest drop since the pandemic as shoppers — particularly Gen Z — pull back amid economic uncertainty, a PricewaterhouseCoopers survey showed. PwC, which polled about 4,000 U.S. consumers between June and July, said shoppers on average plan to spend about $1,552 per person, down 5.3% from last year. The last comparable decline was in
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