(CNN Newsource) — It’s a lover’s holiday and apparently people go all out, to the tune of $18.2 billion.
That’s how much the National Retail Federation projects U.S. consumers will spend on their Valentines this year.
The NRF says over 4 billion of that will be spent on jewelry alone, with another 2 billion on flowers.
Consumers are also expected to spend on cards, clothes, and an overall nice evening out on February 14.
The average consumer will shell out about $136.57 this year.
© 2024 KOBI-TV NBC5. All rights reserved unless otherwise stated.