WASHINGTON – The National Retail Federation says Americans are expected to spend more than ever on Easter this year.
The NFR annual Easter Spending Survey conducted by Prosper Insights and Analytics reports spending for the holiday is expected to reach $17.3 billion. That's the highest level in 13 years and amounts to $146 per person.
According to the survey, consumers will spend:
- $5.5 billion on food
- $3 billion on clothing
- $2.7 billion on gifts
- $2.4 billion on candy and
- $1.2 billion on flowers
In other words, Easter, taking place on March 27 this year, will be "Eggceptional.”