Mother's Day spending expected to hit highest level ever
Photographer: William Thomas Cain/Getty Images
Posted: 05/03/2012
(WXYZ) - Americans are spending more money than ever on their moms for Mother's Day.
According to the National Retail Federation, Americans will spend $150 on average on Mother's Day. It's $12 higher than 2011 and the highest average amount ever predicted since the organization began keeping track nine years ago.
Total spending is expected to reach $18.6 billion.
Restaurants will benefit the most from the spending increase. Americans will spend the most money on dining out, about $3.4 billion.
Americans will also spend about $2.2 billion on flowers, $1.8 billion on gift cards and $1.6 billion on clothing and accessories for mom.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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