Health Populi November 16, 2022
Even as consumers’ confess a tighter spending economy for 2022 holiday shopping, peoples’ intent to buy wearable tech for health and fitness and other wellness devices appear on gifting lists in the U.S., according to the 29th Annual Consumer Technology Holiday Purchase Patterns report from the Consumer Technology Association (CTA).
In general, technology will be a top-selling category for 2022 holiday gift-giving, somewhat tempered by inflation and the increased cost of living that challenge household budgets in the fourth quarter of 2022.
Tech spending will be down about 6% in 2022 according to CTA’s estimate, with gaming and video streaming strong purchase categories on the software and services side of consumer tech.
Nearly 1 in 2 U.S. adults plan to...
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