Holiday Shopping Goes Later This Year

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With Christmas fast approaching, 66 percent of consumers have yet to finish their holiday shopping, according to a new survey from American Express.

In fact, the latest American Express Spending and Saving Tracker shows that one in five consumers (21 percent) will still be shopping for gifts the week leading into Christmas, and 4 percent expect to shop on Christmas Eve. However, according to the survey, these consumers aren’t necessarily procrastinating: Some are time-strapped (18 percent), while many are practicing savvy shopping tactics, specifically:

•   31 percent are holding out for the best deals.
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