Last year was a good year for Valentine's but this year is even better! According to the National Retail Federation spending is up 8.5% over last year. Yep, sweethearts are going all out this year to show the love. "The average person celebrating the holiday will shell out $126.03...the highest in the survey’s 10-year history. Total spending is expected to reach $17.6 billion!"
"Total spending on jewelry is expected to reach $4.1 billion, up from $3.5 billion last year. Second to jewelry, those with a case of the love bug will spend more than $3.5 billion on a special evening out. Consumers will also spend $1.8 billion on flowers, $1.5 billion on candy, $1.4 billion on clothing and $1.1 billion on gift cards."
This year, "more than half of all tablet owners (53.8%) will use their device to research products, compare prices, redeem coupons, look up retailer information or purchase products. Four in 10 (40.4%) smartphone owners will use their mobile device to do the same." I've seen a lot of commercials for those same tablets and phones on sale for Valentines, so maybe you'll be lucky and get some new tech from your favorite techie.
