Men in the US are likely to spend more money than women in this festive period, according to Lauren Thomas for CNBC.
In a recent survey
by investment management company JLL of 1,000 US consumers, around 30% of men said they plan to spend more than US$750 during November and December, compared to 25% of women. Women are planning to be more cautious, with 44% of respondents saying they have a “moderate budget” of between US$250 and US$750 for gifts. Only 36% of men in comparison said they had the same budget.
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