A new poll of holiday spending habits shows that Latinos are approaching the holiday season more conservatively this year than in the past.
According to an annual telephone and online poll conducted by Florida Atlantic University’s Business and Economics Polling Initiative (BEPI), more than one in five Hispanics don’t plan to do any Christmas and Hannukah shopping at all this year, up from one in 10 in 2015.
And those who do intend to go shopping are planning on waiting longer to start making purchases and hoping to spend less than they did last year — 41.9 percent of Latinos expect to spend less than $300 on holiday gifts this year, up 5 points from last year; and the proportion who plans to spend more than $1,000 dropped from 12.9 to 8.9 percent. READ MORE AT FOX NEWS
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