Headlines
Mother’s Day Spending Expected to Hit Record $38B
Jewelry remains biggest merchandise buy, while experiences and electronics grow in popularity.
Jewelry and flowers are perennially popular Mother’s Day presents. Photo: izzzy71/iStock by Gettys Images
Consumer spending on Mother’s Day (on May 10 this year) is expected to reach a record $38 billion. That’s the conclusion of the latest annual survey on such spending from the National Retail Federation and Prosper Insights & Analytics.
That amount surpasses last year’s total spending of $34.1 billion and exceeds the previous record of $35.7 billion set in 2023.
“Mother’s Day remains a priority for many Americans, and they plan to lean into the holiday despite current economic uncertainty,” said NRF Chief Economist and Executive Director of Research Mark Mathews. “Consumers are gifting from the heart, seeking unique gifts that create lasting memories for the mothers in their lives. It’s an opportunity to recognize what this person has means to you, and retailers are ready to make Mother’s Day extra special for shoppers.”
Consistent with recent years, 84% of U.S. adults plan to celebrate Mother’s Day. On a per-person basis, consumers plan to spend a record average of $284.25 on gifts, up from $259.04 last year and the previous record of $274.02 in 2023.
Some other major findings from the survey:
- The leading shopping destinations for gifts this year include online (33%) and department stores (33%), followed by specialty stores (29%) and discount stores (26%).
- As with previous years, flowers remain the most popular gift category, with 75% of shoppers planning to purchase. Other top categories include greeting cards (74%), special outings such as dinner or brunch (63%), gift cards (55%) and clothing or clothing accessories (51%).
- Jewelry leads Mother’s Day spending at $7.5 billion, followed by special outings ($6.4 billion) and electronics ($4.4 billion). Spending on flowers is projected to reach $3.2 billion, while greeting cards are expected to total $1.3 billion.
“Consumers are budgeting more and planning on shopping more across all gift categories this Mother’s Day,” Prosper EVP of Strategy Phil Rist said. “Electronics, in particular, are a popular gift category this year, with expected spending surpassing $4 billion for the first time in the survey’s history.”
AdvertisementGifts of experience also remain popular, with a record one-third of consumers planning to gift experiences such as a concert or sporting event. When purchasing gifts, 46% say finding something that is unique or different is most important, followed by creating a special memory (39%).
The survey consisted or responses from 7877 U.S. adult consumers. It was conducted April 1-8 and has a margin of error of plus or minus 1.1 percentage points.
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