POLL: Over Half of New Yorkers Keeping Holiday Spending to Under $500

A new poll from Siena College says most New Yorkers will hold their Christmas shopping to under $500.

The annual holiday poll says just over half are planning to spend $500 or less on gifts this season.  27% are planning to spend between 500 and $1,000, and 19% of New Yorkers will be going all out; spending upwards of $1,000.  

40% plan to do that shopping online this year. That's up, but giving is down.  

68% say they'll be making donations to charitable organization, as opposed to 76% a year ago.  

72% plan to put up a tree, and 2/3 say they're excited about the season.  

On the issue of fruitcake?  44% say it's awful and would never eat it, but nearly half of those over 65 years of age say it's delicious. Hmm.

Photo: Getty Images

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