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Fortune

Chris Morris

The average American shopper will drop $1,652 worth of holiday cheer this year, Deloitte predicts

(Credit: Scott Heins—Getty Images)

Santa’s going to be especially busy this holiday season.

Deloitte’s annual Holiday Retail Survey predicts consumer spending will top pre-pandemic levels in 2023, with the average shopper spending $1,652—a 14% increase over 2022’s totals.

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