Buoyant American attitudes on the economy look set to show up in plentiful, record-setting holiday spending this season.
The CNBC All-America Survey found that average holiday spending intentions will top $900 for the first time in the 12-year history of the poll, eclipsing last year's estimate of $702 by a wide margin.
The survey of 800 Americans nationwide, with a margin of error of plus or minus 3.5 percentage points, found a surge in the percentage of Americans planning to spend more than $1,000, to 29 percent from 24 percent.
The median spending number of $498 is considerably lower than the average, a sign that the big gains are likely driven by several big spenders, likely the wealthiest. Median spending plans for those with $30,000 or less in income actually show a modest decline from 2016.
Read more in CNBC.