Father’s Day Spending Expected to Hit New High

More than 3 in 4 US adults plan to celebrate Father’s Day this year, with celebrants expecting to each spend roughly $126 on gifts, according to a recent NRF survey. That per-celebrant average is the highest in the survey’s history, as is the total expected outlay of $14.3 billion, which is up by almost 8% from the previous high of $13.3 billion in 2013. (more…)