Predicted rise in U.S. sales during 2003's November-December shopping period: 5.7% (to $217.4 billion)
Rise in U.S. sales during 2002's November-December shopping period: 2.2% (the smallest in over 30 years)
Amount the average U.S. household is expected to spend on holiday gifts this year: $455 (a 5% decrease from 2002)
Consumers who plan on spending less this holiday season than they did for last year's: 34%
Amount e-sales are expected to rise this holiday season: 25% (to $17 billion)
American consumers who went shopping in 2002 on the weekend after Thanksgiving: 75.6%
Amount of 2002 Thanksgiving weekend sales spent on "books, CDs, DVDs, videos or video games": 41%
On "clothing or clothing accessories": 40.4%
On toys: 34.6%
On home furnishings: 23.7%).
College students with credit cards: 65%
Amount by which Visa spending rose last Friday and Saturday: 12% (to $6.5 billion)
Amount of sales for which college students were responsible in 2002: over $210 billion
College students who "cite low prices as important when shopping": 93%
College students with paid jobs: 67%
College students who shop at "general purpose retailers" like K-Mart and Wal-Mart: 80%
Amount spent at U.S. Wal-Mart stores on Friday: $1.52 billion (6.3% more than last year)
Current consumer confidence level: 91.7%
Consumer confidence level in October: 81.7%
The statistics cited above come from Harris Interactive; Robyn Greenspan's News & Trends article "College Students Surf, Spend"; Parija Bhatnagar's CNN/Money articles "Bargains not such bargains," "Soggy start for shoppers," and "Strong start to shopping season"; Melody Vargas's 2003 Holiday Retail Sales Predictions and Forecast; and Cnn.com's Consumer Confidence Index.
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