Americans to spend 38 Billion on Mother’s Day
This year Americans are set to spend around 38 Billion dollars for Mother’s Day. Mother‘s Day is always the second Sunday of May. This year it falls on May 10th.
When the holiday became official, people who ran stores began giving discounts for Mother‘s Day. It‘s now one of the third largest retail holidays where people cut back on sales. The National Retail Federation claims that 84% of Americans will buy items for Mother’s day. The average American spend around $284 on Mother’s Day. This means that estimates are that people will spend around 38 billion on mothers day this year! This means that this will exceed the previous record of money spent. The previous record was set in 2023 when people spent $35.7 billion. Greeting cards and flowers are the things that are bought the most on Mothers day. Other things include jewelry and gift cards.
Even though buying gifts for your mothers is a good idea, some mothers value time with their family more than anything else. So try cooking dinner for them or generally helping them with anything they need!