Over $20.7 Billion Spent On Valentines in USA

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Has Valentine’s Day gotten out of control? What happened to just a cute card and some candy to satisfy the obligatory Valentine’s exchange?  Over $20.7.billion dollars will be spent celebrating “love.”

This year, US Valentine’s Day gift-givers will spend a record-breaking $20.7 billion, according to the National Retail Federation (NRF). This is despite a declining percentage of the holiday’s consumers (51%), down from 55% last year.

The NRF survey also found that consumers will spend, on average, roughly $162 per person. Those ages 35 to 44 will be the biggest valentine spenders, at $279, followed by 25- to 34-year-olds, who will spend $239.

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