"I don't pay good wages because I have a lot of money; I have a lot of money because I pay good wages." - Robert Bosch

Mother’s Day Spending to Reach $23.6 Billion in 2018

By , May 1st, 2018 | No Comments

Mother's Day spending will be high in 2018
Mother’s Day spending is expected to reach $23.6 billion this year, including gifts and restaurant outings.

About 86% of consumers will observe the holiday in one form or another, up a full percentage point over last year, according to the National Retail Federation’s survey on 2018 Mother’s Day spending, conducted by Prosper Insights & Analytics.

The average shopper will spend $180 for the holiday, down from last year’s $186.39, but still the second highest in the 15 years that the annual survey has been conducted.

Mother’s Day Spending

People between the ages of 35 and 44 will spend the most this year, an average of $224. Those likeliest to use smartphones for their shopping research are people from age 18 to 24 — almost two thirds of them will going this route.

As for where people will buy gifts, 35 percent will go to department stores, 31 percent will shop online, and 29 percent will shop at florists, jewelers, electronics stores or other specialty retailers. Another 23 percent will shop at local small businesses, 22 percent will go to discount stores and 10 percent will hit specialty clothing stores.

Readers, how much do you anticipate in Mother’s Day spending this year?

Read More

If you liked this story, you just might enjoy some of our other articles about Mother’s Day spending, along with gifts for other holidays.

If you enjoy reading our blog posts and would like to try your hand at blogging, we have good news for you; you can do exactly that on Saving Advice. Just click here to get started.

Get Your FREE Book Now

Enter your name and email address to get your FREE copy of "Guide to Shopping at Costco."

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit
What did you think about this article?
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)

Leave a Reply


Sign up for the "Saving Advisor" newsletter (Weekly)
Google Plus

Subscribe by email:

Related Articles

Previous Years Articles

Today, last year...

Copyright © 2018 SavingAdvice.com. All Rights Reserved.