The financial advisory firm found that consumers expect to spend $847 on shopping for the 2025 Holiday season, a 4.6% increase from 2024, above the low-single-digit gains predicted by other surveys. However, overall spending will be dominated by essentials, including groceries (+23%), automotive (+12%), and personal care (+7%). Apparel (+3%) will be slightly positive, but spending on other Holiday staples will be down, including toys (-15%), furniture (-12%), and hobby supplies (-9%). The top gifts people want to receive are ... Log in to view full article.