Mother's Day Spending
Mother's Day is expected to deliver record spending this year.
Mother's Day is quickly approaching and consumers are busy planning how they will celebrate.
According to the National Retail Federation, Mother's Day spending is predicted to reach a record 25-billion dollars, up from 23.1 billion last year.
That's the highest spending in the 16-year history of the National Retail Federation's survey.
84-percent of adults plan to celebrate the day, each spending about $196 compared with $180 in 2018.
Researchers say Mother's Day spending has been growing consistently over the past several years.
Consumers ages 35 to 44 are likely to spend the most with an average of $248.
Among the top gifts this year, jewelry, special outings, gift cards, flowers and electronics.