Valentine’s Spending Expected Near 24 Billion

Despite rising inflation...Americans are shelling out big bucks for love this year!

Consumers are expected to spend around 24 billion dollars on Valentine’s Day this year. That’s an increase from the 21-point-eight billion spent last February. The National Retail Federation says 53 percent of consumers plan to celebrate the holiday by spending an average of 175 dollars per person. The most popular gifts are experiences…like tickets to a concert of sporting event.