How Much Money Spent On Valentines Day Usa

U.S. Valentine's Day Spending on the Mend

Retail

Despite Covid-nineteen restrictions, many Americans pressed on and historic Valentine's Day in 2021 regardless. The National Retail Federation estimated full spending in the U.S. to have been $21.eight billion. Equally our chart shows though, that did represent a considerable pass up on the $27.iv billion recorded in 2020 - the final pre-pandemic Solar day of Beloved. The situation appears to be on the mend in 2022, though, with total spending forecast to rise to $23.9 billion.

"Following the celebrated level of consumer spending over the winter holidays, information technology appears that the trend volition continue into 2022," NRF President and CEO Matthew Shay said. "Valentine's Solar day is a special occasion for many Americans, fifty-fifty more than then as we navigate out of the pandemic, and retailers are prepared to help them mark the holiday in a memorable and meaningful way."

According to the NRF, Just over half (53 percentage) of U.South. consumers plan to celebrate on February 14 in 2022, up ever so slightly from the 52 percentage in 2021. The average shopper expects to spend essentially more on Valentine'due south Day gifts, all the same - $175.41 per person, up from $164.76 in 2021. "Candy (56 percent), greeting cards (40 percent) and flowers (37 percentage) remain the most popular gift items this Valentine'due south Solar day. " In a boost for the pandemic-hit hospitality manufacture, "near a third (31 percent) of respondents plan to gift an "evening out" this year, up from 24 percent in 2021 and just slightly below pre-pandemic levels, for a total of $4.3 billion."

Description

This nautical chart shows total expected Valentine'southward Mean solar day spending in the U.Southward.

Report

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  Share of consumers celebrating Valentine'southward Day 2021-2022, by method

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  Leading Valentine'southward Mean solar day plans among U.S. consumers 2022

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  Leading Valentine's Day plans amid consumers worldwide 2022

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  Valentine's Solar day retail spending in the Uk 2017-2022

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  Leading reasons against Valentine's Day amongst consumers worldwide 2022

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  Is a Valentine'south Day gift worth going into credit card debt for?

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Source: https://www.statista.com/chart/24162/total-expected-valentines-day-spending-united-states/

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