Mother’s Day has come charging back as a major holiday for consumer spending, after taking its lumps during the pandemic along with most other observances, affected by people’s inability to get together.
According to areport from the National Retail Federation this week, Americans will slpend 35.7 Billion dollars this year on Mom. That’s up more than ten percent over 2022.
Cards and flowers were on the shopping list for about 74 percent of shoppers. About 60 percent planned to include a special dinner or brunch for Mother’s Day.
Jewelry shops and electronics stores also were doing well for the holiday, to the tune of 7.8 Billion and 4 Billion.
On the flipside, an Axios report cited a survey of 800 US adults that showed a third of them would spend less for Mother’s Day, citing inflation-driven higher prices.
