Mother’s Day spending expected to top $33 billion, report says
Published: Apr. 28, 2024 at 10:44 AM CDT
(CNN) - Mother’s Day is just two weeks away and the big question is how much are you planning to spend this year?
According to the National Retail Federation, consumers are expected to spend a near-record $33.5 billion this Mother’s Day. That number is the second-highest since the organization began annual consumer surveys.
This year’s expected spending falls just short of last year’s record of $35.7 billion.
The largest spending amount will go towards jewelry, special outings, electronics and flowers.
The average sum a person is expected to spend will be a little over $250.
The biggest spenders are expected to be between 35 and 44 years old.
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