Recent estimates show that Americans plan to spend almost $1000 on gifts this year - $100 more than last year's average.In the first week of December - consumers have increased their gift budgets for the holiday season and will spend an average of $975 on gifts, which is $52 more than experts predicted in October.A new found that - out of 1,888 shoppers - 49 per cent will do most of their gift-buying this month and 90 per cent will buy at least some presents in December.
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