consumer spending

Father’s Day Spending to Reach $12.7 Billion

Father’s Day may not be the most lucrative consumer holiday of the year for retailers, but spending for dad is expected to reach $12.7 billion for golf lessons, home improvement tools, coffee mugs and more. And, according to the National Retail Federation’s 2015 Father’s Day Spending Survey conducted by Prosper Insights & Analytics, the average person will spend $115.57 on gifts, nearly even with last year’s $113.80. The survey found 75% of Americans said they plan to celebrate Father’s Day.

Increased Spending Expected for St. Patrick's Day

Put your green eye shadows, nail polishes and lip glosses at the front of your brick and mortar because consumers are ready to celebrate the upcoming holiday, according to the National Retail Federation's St. Patrick's Day Spending Survey conducted by Prosper Insights and Analytics.

Consumers to Increase Halloween Spending

Consumers to Increase Halloween Spending

The average adult is expected to spend $77.52 on Halloween this year, up from last year, according to the National Retail Federation’s Halloween Consumer Spending Survey conducted by Prosper Insights & Analytics. Total spending on Halloween is expected to reach $7.4 billion.

“As one of the fastest-growing consumer holidays, Halloween has retailers of all shapes and sizes preparing their stores and websites for the busy fall shopping season,” said NRF president and CEO Matthew Shay.

Americans To Save Their Tax Refunds

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More Americans intend to save—rather than spend—their federal tax refunds this year, according to the National Retail Federation’s “Tax Returns Consumer Survey” conducted by consumer-intelligence firm BIGinsight.

Two-thirds of taxpayers are expecting a refund this year—the exact same as last year. Nearly 44% of them are expected to stash away some of their refund in savings—the most in the survey’s nine-year history (and up 2% from last year).