The Philadelphia region offers more affordable prices for goods and services and greater access to retail stores, meaning shoppers can be pickier with their choices.by Bankrate, a consumer financial services company. That’s good news for those getting a head start on their in-person shopping this year.
The Philadelphia region offers more affordable prices for goods and services and greater access to retail stores, said Gailey, meaning shoppers can be pickier with their choices. Shoppers also plan on spending more money this year. In 2022, shoppers expected to spend $833 on their holiday shopping compared to $875 this year, according to the. This year, $620 of that total is expected to be spent on gifts and $255 on decorations, candy, or food.
“We’re seeing that consumers have started even earlier this year, even before Halloween,” Gailey said, due in part to the pressures from the macroeconomic environment and continuing a trend seen the past few years.
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