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Sunday, June 05, 2011

Father's Day Spending this Month is up says NRF


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Chart: Fathers Day 2011 - Fathers Day vs Mothers Day Spending

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Fathers 

Day 2011 - Fathers Day vs Mothers Day Spending
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But still trails behind Mother's Day spending.

What makes it higher this year is the topic.


Well, one possible answer has come from BIG Research that conducted the survey. Spending on Dad has taken a backseat for the past few years, but many families "are planning to make up for lost time this Father's Day" says NRF President Matthew Shay.

On average, wives and kids will spend $106.49 for dads compared to last year's $94.32 (that is $12.17 more than last year).

Another possible reason is based on the U.S retail sales trends and demographics. As many of us know, US retail sales rise for 10th month in a row. If we apply that as rule of thumb, dads will get better pampering this month from their families.

In a broader sense, economic analysts say that US spending is back on track and rapidly catches up where it slided down in 2007.

In my opinion, whether or not the trending is going up this month, the more important is that we give due recognition to millions of dads. There's no other time it makes more sense to celebrate the "man who makes it all better than Father's Day."


You may like these:

Strong Fathers, Strong Daughters: 10 Secrets Every Father Should Know   World's Greatest Dad Mug - Style 39754  Amazon.com $25 Gift Card (0108) "Great Dad" Plaid Coffee Mug With Gift Box Inexpensive Fathers Day or Birthday Gift

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