Americans to spend big this holiday despite gloomy economic views
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
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Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
Mary has reported on climate, housing, elections, and small businesses for The Guardian, City Limits and local publications in Brooklyn and the Bronx. She holds a master's degree from the Craig Newmark Graduate School of Journalism at CUNY and a bachelor's degree from the College of the Holy Cross.
Prior to her career in journalism, Mary spent five years working in communications.
Visa predicts Americans will spend an average of $736 on holiday gifts in 2025, a 10% increase from the $669 reported last year.
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