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...some numbers on obvious developments... (BBG):

"Average U.S. household spending this holiday season is expected to decrease 7% from 2019, with a sharp 34% drop in travel spending accounting for most of the decrease, according to Rod Sides, a Deloitte vice chairman. Some of the money normally spent away from home will go toward non-gift purchases, like home furnishings and seasonal decor."

 christmas_spending_US.png.851ae0ea598ea7a469afe4d3a0cc5e4b.png

https://www.bloomberg.com/news/articles/2020-10-20/retailers-revel-as-stuff-not-experiences-makes-a-comeback

 

Edited by HMB
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