Mother's Day spending is hitting record levels according to the National Retail Federation. MORE ⬇️
Americans have been spending more to spoil moms on Mother’s Day for 13 of the last 16 years. Inflation does play a role and this year is no different. A survey conducted by the NRF showed 84% of Americans plan on celebrating Mother’s Day this year and will collectively spend billions.
The gift with the highest household spending is jewelry at an average of $59.90, an increase of 11% compared to last Mother’s Day.
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