Source: National Retail Federation (NRF)
Notes: Roughly three-quarters of American adults (18+) will celebrate Father’s Day this year, with per-celebrant spending expected to be $115.57, up slightly from last year’s $113.80, according to the NRF. As such, total spending is predicted to be close to $12.7 billion, though representing only a marginal increase from last year’s $12.5 billion. By contrast, the NRF last month found that spending on Mother’s Day was expected to grow by 6.6% to $21.2 billion. (more…)