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News Now

Washington
2013 Holiday Spending Survey To Include New Consumer Spending Question
WASHINGTON (11/26/13)--The Consumer Federation of America (CFA)/Credit Union National Association consumer holiday spending survey, which will be released for the 14th time on Wednesday, will contain new details on consumer behavior. For the first time, the survey asks consumers how their holiday spending plans have been affected by the recent federal budget controversy.
 
The survey will also include:
  • The latest look at consumers' holiday spending plans;
  • The difference in spending plans among income brackets;
  • Consumer concern about mortgages and making debt payments;
  • How the findings compare to consumer attitudes for the last several years; and
  • How consumer attitudes have changed over the past 14 years.
CUNA Chief Economist Bill Hampel and CFA Executive Director Stephen Brobeck will also provide helpful advice to help consumers manage holiday spending and avoid holiday debt overload when they present the survey.

The CFA/CUNA survey was conducted between Nov. 7 and 10, and is released just ahead of Black Friday and the traditional start of the holiday shopping season.

The release of the survey typically garners heavy media attention from local, national and international news outlets, including ABC News, CNN, National Public Radio, Xinhua, FOX News, Reuters and Business News Americas.


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