Wealthy U.S. consumers will cut their holiday gift spending by 6% this year after a 2% increase in 2007, a survey co-sponsored by an American Express Co. unit indicates.

Affluent Americans, who are 10% of U.S. families, plan to spend $22 billion on holiday gifts this year, according to the survey released Thursday by American Express Publishing and the Waterbury, Conn., luxury research firm Harrison Group.

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