Insight Report 12 minutes Premium

Holiday 2023: Delving Into Key Service Category Trends in the US

What's Inside

US consumer spending on major discretionary services has shown resilience over the years, adjusting to pandemic challenges and rebounding with positive growth in subsequent periods. We discuss key service category trends for the 2023 holiday season in the US, drawing from our proprietary survey data and store traffic information from, a third-party location analytics provider.

Data in this research report include:

  • US consumer spending on major discretionary services, 4Q18–4Q23E
  • Proprietary survey data on US consumers’ holiday 2023 spending expectations for goods and services, as well as their post-Thanksgiving travel plans
  • Foot traffic data for selected service categories, October 2022–October 2023

Companies mentioned in this report are: H-E-B, Kroger, Lululemon, Neiman Marcus, Nordstrom, Wegmans

Other relevant research:

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