That sounds about right to me. But during the bubble, I saw more expensive gifts being given. Well, let me think about this. People aren’t paying their mortgage, so they have more discretionary money to spend, so I can see more people spending more even in today’s time.
But w/unemployment going up and fear being instilled, I think your numbers are fair, at least in my circles. If you’re going to parties in RSF, maybe those numbers are way off.