As the holiday shopping season officially kicks off, a new study shows Hoosiers are in a more festive spending mood than last year. Deloitte’s 24th annual Holiday Survey finds the average Indiana shopper plans to spend just over $1,000 on gifts and other holiday-related shopping. That’s a 7.6 percent increase over 2008, although Deloitte’s Indianapolis Managing Partner Mike Becher says the number might be a bit optimistic.He says this year’s study also finds that Hoosiers are definitely of two minds when it comes to the nation’s economic future and their prosperity.

Becher says the 7.6 percent increase also includes socializing away from home, entertaining, non-gift clothing and home/holiday furnishings.

Source: Inside INdiana BusinessRead More