This is how much New Yorkers are spending on holiday gifts

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It’s the season of giving, but also the season of spending. Americans are forking over an average of $785 on gifts this season, according to Gallup’s 2016 holiday-spending estimates. And 31 percent of shoppers polled said they’d be spending $1,000 or more. New York City shoppers tell The Post how much they plan to spend, how they’re sticking to their budgets and what they’re splurging on.

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