Tags: Money | Polls | exchange | clothing | accessories

$15.2B Spent on Unwanted Christmas Gifts

return to sender an unwanted gift
(Iqoncept/Dreamstime)

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Thursday, 12 December 2019 01:39 PM Current | Bio | Archive

With less than two weeks to go until Christmas, many Americans are scrambling to find just the right holiday present for family and friends. In the process, they will spend $15.2 billion on unwanted gifts.

A survey commissioned by Finder.com found that 43% of the unwanted gifts will be clothing and accessories, 20% will be household items, and 12% cosmetics and fragrances.

When people receive unwanted gifts, 31% generally keep them, 31% give them to someone else, and 20% exchange them.

Each weekday, Scott Rasmussen’s Number of the Day explores interesting and newsworthy topics at the intersection of culture, politics, and technology. Columns published on Ballotpedia reflect the views of the author. Scott Rasmussen’s Number of the Day is published by Ballotpedia weekdays at 9:00 a.m. Eastern. Columns published on Ballotpedia reflect the views of the author.

Scott Rasmussen is founder and president of the Rasmussen Media Group. He is the author of "Mad as Hell: How the Tea Party Movement Is Fundamentally Remaking Our Two-Party System," "In Search of Self-Governance," and "The People’s Money: How Voters Will Balance the Budget and Eliminate the Federal Debt." Read more reports from Scott Rasmussen — Click Here Now.

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Many Americans are scrambling to find just the right holiday present for family and friends. In the process, they will spend.
exchange, clothing, accessories
197
2019-39-12
Thursday, 12 December 2019 01:39 PM
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