The NRF finds that the average celebrant will spend about $114 on gifts for Father’s Day (Sunday, June 15) this year, equating to a total spend of $12.5 billion, down from $120 and $13.2 billion, respectively, last year. By comparison, Mother’s Day spending was expected to total about $20 billion this year, with celebrants planning to spend about $163 each. Source: NRF
Posted in Consumer Behavior, Consumer Spending
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