Goldman Reveals What You're Getting For Christmas

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, November 17, 2011 Goldman Reveals What You're Getting For Christmas Despite bleak consumer confidence, 51% of consumers expect to spend the same amount on gifts this holiday season compared to last year.  11% expect to spend more.  This is according to 1000 consumers polled by Goldman Sachs. 63% of respondents plan on giving gift cards, while 56% plan on giving clothing. Gift cards and jewelry are expected to gain significant "gift wallet share", which is the percentage of total gift spending. The "gift wallet share" for consumer electronics is up only 30 bp this year. Meanwhile, after declining 60 bp last year, the share of clothing is up 20 bp this year. Read » Also On Money Game Today: A Pathbreaking New Study Shows What's REALLY Causing Sky-High Unemployment Could This Man Have Saved Europe? There's A Huge Misconception About The Euro, And It's Time To Clear It Up The Interests Of Global Elites Are Diverging Advertisement CHART OF THE DAY: Oil Hits $100 -- Is It About To Kill The Economy Again? CHART OF THE DAY: Proof That Fannie And Freddie Didn't Cause The Housing Bubble CHART OF THE DAY: One Huge Reason The Stock Market Isn't Cheap... Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.wyldside@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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