Editor's Note: The research below was conducted in partnership between Franklin Templeton and Gallup.WASHINGTON, D.C. -- Recent findings from the new Franklin Templeton-Gallup Economics of Recovery Study indicate that the strength of the holiday sales season could be aided by a new round of federal stimulus checks before the end of the year.
Specifically, Americans are more likely to say they will spend less (37%) rather than more (16%) this holiday season than last year when asked to assume there will be no additional government stimulus payment.
However, the proportion planning to spend less drops to 30% when people are asked to assume they will receive a $1,200 stimulus payment, with 22% saying they will spend more under this.