Tag: spending
Census Says Retail Sales Grew Year Over Year in October But Growth Continued to...
Retail sales kept up a long streak of year-over-year gains in October even though the rate of growth continued to slow, finds NRF.
Back-to-School Shopping Expected to Reach Record Levels
Back-to-school spending is expected to reach an unparalleled $41.5 billion, up from $36.9 billion last year and the previous high of $37.1 billion in 2021. Back-to-college spending is expected to hit $94 billion, about $20 billion more than last year’s record.
Spending Projected to Reach a Record $35.7B for Mother’s Day
Consumers plan to spend a total of $35.7 billion on Mother’s Day this year, up $4 billion from last year’s record high of $31.7 billion.
Easter Spending Expected to Reach Record $24B
Consumers plan to spend a collective $24 billion on Easter this year, up from $20.8 billion in 2022 and the previous record high of $21.7 billion in 2020, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics.
Consumers Plan to Increase Valentine’s Day Spending to Nearly $26B
Consumers are expected to spend $25.9 billion on Valentine’s Day this year, up from $23.9 billion in 2022 and one of the highest spending years on record.
Consumers Expected to Spend $20 Billion on Father’s Day Gifts
Consumer spending this Father’s Day is expected to total $20 billion, nearly on par with last year’s record-setting figure of $20.1 billion.