U.S. consumers were polled about the amount they expected to spend on gifts for high school and college graduates in 2022. On average, consumers aged 65 and over expected to spend about 126 U.S. dollars on graduation gifts. In comparison, Americans aged 18 to 24 year planned to spend an average of 90 U.S. dollars.
Consumers' average expected graduation gift spending in the United States as of May 2022, by age
(in U.S. dollars)
* Date and study characteristics apply to the 2023 survey. Surveys for previous years have been conducted among equally large samples.
The survey has a margin of error of +/- 1.1 percentage points.
The source did not provide a release date.
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National Retail Federation. (January 5, 2023). Consumers' average expected graduation gift spending in the United States as of May 2022, by age (in U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/
National Retail Federation. "Consumers' average expected graduation gift spending in the United States as of May 2022, by age (in U.S. dollars)." Chart. January 5, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/
National Retail Federation. (2023). Consumers' average expected graduation gift spending in the United States as of May 2022, by age (in U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/
National Retail Federation. "Consumers' Average Expected Graduation Gift Spending in The United States as of May 2022, by Age (in U.S. Dollars)." Statista, Statista Inc., 5 Jan 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/
National Retail Federation, Consumers' average expected graduation gift spending in the United States as of May 2022, by age (in U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/ (last visited November 13, 2024)
Consumers' average expected graduation gift spending in the United States as of May 2022, by age (in U.S. dollars) [Graph], National Retail Federation, January 5, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1035821/expected-consumer-graduation-gift-spending-us-by-age/
