Americans are spending less on gifts for people in other households than they once did. The $1,521 spent by the average household on gifts for others in 2016, including cash gifts, was 18 percent less than the $1,861 of 2006, after adjusting for inflation, and 21 percent less than in 2000.
Average spending on gifts for people in other households, 2000 to 2016 (in 2016 dollars)
2016: $1,521
2010: $1,572
2006: $1,861
2000: $1,922
Source: Demo Memo analysis of the Consumer Expenditure Survey
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