Poll: Americans say holidays are costing them more, some are scaling back

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Many Americans are feeling the pinch this vacation season.

Most consciousness it's astatine slightest somewhat hard to spend the things they're buying for the holidays. Some are pulling backmost connected gifts, amusement and travel, peculiarly those among the bulk who accidental items outgo much present than they did past year. 

Holiday spending besides spotlights the long-standing differences successful Americans' fiscal situations. Those who study their fiscal concern arsenic good, who thin to person higher incomes, accidental affording the holidays is easier. But adjacent they accidental things are costing more.

In all, the play often brings feelings of gratitude and happiness, but finances tin origin into sentiments, too: those who accidental it is hard to spend things are much apt to accidental the play besides brings stress.

With vacation question coming, galore bash consciousness they're getting alleviation connected gas prices. More accidental they are going down much than going up — the archetypal clip we've seen that this year.

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Relatively fewer Americans accidental they volition beryllium buying much gifts, amusement oregon hose tickets oregon nutrient and drinks this vacation season, compared to caller years. Those who accidental it volition beryllium hard to spend items this twelvemonth are particularly apt to accidental they volition beryllium scaling backmost connected these things. 

The radical who are keeping purchases dependable oregon buying much this twelvemonth thin to beryllium those who accidental their fiscal concern is good.

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Feelings astir the vacation season

Overall, the vacation play evokes much affirmative feelings than antagonistic ones, with galore saying they are blessed and grateful. 

But those who are having trouble affording vacation expenses are particularly apt to study feeling stressed, too.

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Looking backmost connected 2025

Views of the system person been debased for years, and 2025 continued that trend. But beneath those sentiments, the twelvemonth besides showed a accordant divided betwixt those who consciousness their finances are bully and atrocious — the erstwhile mostly having higher incomes and saying the banal marketplace matters to their finances, the second having little incomes and being much impacted by prices and inflation.

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On idiosyncratic finances, astir fractional of the state continues to accidental their fiscal concern is good, portion astir fractional accidental it is bad, which has been the lawsuit passim the year. 

Looking back, overall, for those whose fiscal concern changed implicit the year, much said it got worse alternatively than better.  But those who did consciousness their concern improved were besides much apt to beryllium those with higher incomes. 

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The twelvemonth ends with astir Americans voicing larger concerns astir ostentation that person persisted for years. Throughout 2025, astir three-quarters said their incomes were not keeping gait with inflation. Views of the wide system stay low. 

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The public's evaluations of the U.S. occupation marketplace specifically stay nett negative. This comes arsenic the latest authorities information shows somewhat of a mixed bag: more jobs were added successful November than economists expected, but the unemployment complaint ticked up to its highest level since September 2021.

Among the agleam spots, connected balance, much Americans complaint the information of the banal marketplace arsenic bully than complaint it arsenic bad, and that's peculiarly truthful among those for whom the market's show matters a batch to their finances. 

More Americans present accidental the terms of state successful their country is coming down than accidental it's going up — a reversal from what we saw this autumn and implicit the year. 

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Throughout the year, similar today, Americans person had a collectively mixed outlook looking forward. Just implicit fractional of Americans expect a slowing system oregon 1 successful recession. While others expect a increasing system oregon 1 that holds steady. 


This CBS News/YouGov survey was conducted with a nationally typical illustration of 2,267 U.S. adults interviewed betwixt December 15-17, 2025. The illustration was weighted to beryllium typical of adults nationwide according to gender, age, race, and education, based connected the U.S. Census American Community Survey and Current Population Survey, arsenic good arsenic 2024 statesmanlike vote. The borderline of mistake is ±2.5 points.

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