Americans are planning to spend more this holiday season than last year, according to credit reporting firm TransUnion.

In a sign of consumer resilience, roughly 57% of US shoppers surveyed by the firm said they expect to spend the same or more compared with 2024. About a third will likely spend more than $500, up from 28% a year earlier.

As economic growth cools and the job market weakens, signals on the health of the US consumer remain mixed. Many Americans with lower incomes are struggling to make ends meet, while higher earners continue to power the economy.

In fact, holiday sales are set to top $1 trillion for the first time this year, according to a forecast by the National Retail Federation.

Shoppers report that they will rely more heavily on credit cards this year, with 42% nam

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