Lowe’s Survey Says: Tall coin spent on holiday spirit
According to a recent survey conducted in conjunction with Lowe’s, the average American will spend about $100,000 in their lifetime on “holiday spirit.”
The survey showed that 70% of Americans will renovate their home before entertaining holiday guests while 69% said they will spend more on their home now than any other time of year and 27% planned to paint their home prior to the holidays.
Other improvements include kitchen upgrades (22%), the guest room (21%), the dining room (21%), and the guest bathroom (17%).
Lowe’s also says the average person will spend more than $1,500 for the holidays with roughly $235 spent on holiday décor, $328 put toward cleaning and storage essentials, and more than $300 for the kitchen, including dining products.
When it comes to gifts, spending about $375 is the average with more than half of survey respondents saying they will buy gifts for others and themselves.
The survey was conducted by OnePoll, a market research company.
The survey showed that 70% of Americans will renovate their home before entertaining holiday guests while 69% said they will spend more on their home now than any other time of year and 27% planned to paint their home prior to the holidays.
Other improvements include kitchen upgrades (22%), the guest room (21%), the dining room (21%), and the guest bathroom (17%).
Lowe’s also says the average person will spend more than $1,500 for the holidays with roughly $235 spent on holiday décor, $328 put toward cleaning and storage essentials, and more than $300 for the kitchen, including dining products.When it comes to gifts, spending about $375 is the average with more than half of survey respondents saying they will buy gifts for others and themselves.
The survey was conducted by OnePoll, a market research company.