Holiday spending on the rise

Survey says Americans expect to give more presents this year; tech gadgets among hottest items.


NEW YORK (CNNMoney.com) -- Holiday spending is on the rise this year, and a lot of those dollars will be spent on consumer electronics, according to a new survey.

The outlook for consumer spending this season is more upbeat than it was last year, according to independent research firm ChangeWave Research.

Some 36 percent of survey participants said they will spend more over the holidays. Last year, just 27 percent of respondents said they would spend more.

About 52 percent of participants said they will spend more on electronic gadgets like digital cameras, Apple's (Charts) iPods, laptops and high definition TVs.

Besides tech toys, consumers are expected to spend more on restaurants and everyday entertainment during the holidays.

Nearly 3,500 members of the ChangeWave Alliance, a group of business, tech and medical professionals, participated in the survey.


Hot holiday gadgets on a budget Top of page

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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.