Adrian, MI – A recent survey found that over 3.5 million Michiganders are prepared to re-gift their Christmas presents. BadCredit.org says that even if the gifter means well, the end result can be the desire to give it away to someone else, as soon as possible or to sell it. The act of reselling is commonly referred to as the ‘regifting economy.’
The website surveyed 3,000 people to estimate the value of America’s regifting economy. It turns out it’s pretty significant… worth $11 billion for the whole country, with 43% of Americans admitting to regifting or reselling unwanted presents.
Michigan’s regifting economy also turns out to be substantial – when interviewed, 45% of Michiganders say they plan on profiting from gifts received this season, equating to over 3.5 million re-gifters in the state. This means that Michigan’s regifting/reselling economy is worth over $368 million dollars.
When ranked proportionally by population, the data reveals Rhode Islanders as the nation’s top regifters, whereby 83% say they plan to move on unwanted Christmas gifts this year. They were followed by Nevadans and New Yorkers.
The survey also revealed that an unfortunate 48% have been caught regifting or selling a present.
Tune into our local and state newscasts, anytime day or night, for this story and more.
Sign up for WLEN’s weekday newsletter: 
Follow WLEN on social media: 
#wlenradio #wlennews #lenaweenews