WASHINGTON (11/21/12)--Holiday spending plans, consumer debt concerns and the nation's general feelings about the economy will be revealed when Consumer Federation of America (CFA) Executive Director Stephen Brobeck and Credit Union National Association (CUNA) Chief Economist Bill Hampel present the 2013 Holiday Spending Survey today at the National Press Club in Washington.
The survey presentation is scheduled to begin at 10 a.m. ET in the National Press Club's Zenger Room.
This is the 13th year that the CFA and CUNA have teamed up to present the survey, which is released ahead of Black Friday, the official start of the holiday shopping season.
The survey, which was conducted between Nov. 9 and 13, documents the change in consumers' attitude in spending compared to the last several years as the economy continues to recover from the most severe recession in decades. The survey also benchmarks whether consumers feel their financial situation has become better or worse in the past year, and will disclose, for the first time, whether queried consumers have the cash on hand to cope with an unexpected $1,000 expense.
The CFA and CUNA also present tips for managing holiday spending, including low-cost and free ways for families to celebrate the holiday, during the survey release.
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.