National Retail Federation projects record spending for Father's Day

Father's Day spending to reach record highs

(CNN, KYMA/KECY) – Dear old dad is likely to make out like a bandit this year, according to the National Retail Federation. Spending on Father's Day is expected to reach $24 billion in 2025. That is a new record way up from last year's $22.4 billion. About 8,200 survey respondents said that the average person plans to spend around $200. All that dough would go to things like greeting cards, clothing, a special outing, and of course gift cards. L…

National Retail Federation projects record spending for Father's Day

Dads are going to be treated pretty well when it comes to Father’s Day this year as a record amount of money is expected to be spent. The National Retail Federation (NRF) projects that by Sunday, Americans will spend about $24 billion on the holiday. That’s not only up from the 2024 figure of $22.4 billion, but it’s expected to exceed the all-time record of $22.9 billion spent in 2023. The NRF surveyed some 8,225 consumers over 18 years old thro…

Pampering pops: Retail group projects record Father's Day spending

Father's Day spending is projected to reach a record $24 billion nationally this year, according to to the National Retail Federation, up 7.1% from last year.