Americans Are Spending Less on Holiday Decor, Gifts as Economic Uncertainty Ramps Up

SEATTLE--(BUSINESS WIRE)--Holiday cheer is colliding with financial fear, with 28% of Americans trimming their decorating budgets this year and 26% reining in gift spending, according to a new survey from Rocket Mortgage and Redfin, the real estate brokerage powered by Rocket. The pullback isn't due to a lack of holiday spirit. It's a sign of the times, with many people choosing to spend cautiously amid economic uncertainty. 28% of Americans are spending less on decor this year, and 26% are red. ...