Throughout the pandemic, the lower-income group has been the most concerned about making upcoming payments: 42% (less than $50k) plan to spend less on holiday shopping compated to last year, compared to 36% for middle income ($50-99k) and 35% for higher income ($100k +).
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Publication Title: 2020 Deloitte holiday retail survey: Reimagining traditions

Source Link:
https://www2.deloitte.com/content/dam/insights/us/articles/6890_holiday_retail/6890_2020-Deloitte-holiday-retail-survey.pdf

Publication Year: 2020