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Many Americans plan to reduce spending on necessities this holiday season, survey finds

Many Americans plan to reduce spending on necessities this holiday season, survey finds

Summary

A U.S. News & World Report survey found that many Americans plan to spend less on necessities during the holiday season. Consumer analyst Adriana Ocañas discussed the survey’s findings and how Americans are managing their money.

Key Facts

  • U.S. News & World Report conducted the survey.
  • Many Americans surveyed plan to reduce spending on necessities this holiday season.
  • The report focuses on Americans’ holiday spending plans.
  • Consumer analyst Adriana Ocañas discussed the survey’s findings.
  • The segment covered how Americans are spending their money.
  • The article does not provide survey figures or identify which necessities respondents plan to cut back on.
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