It's the economy of a small country.
by Scott Miller
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posted Feb 14 2011 8:10AM
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It's the economy of a small country.
The amount of money spent in association with Valentine's Day. America will spend $15.7 billion this year, up a healthy 11% from last year. The average consumer shells out $116.21 for merchandise. And the average 25-34 year old is the biggest spender, spending $190.
The holiday is expected to generate $3.5 billion in jewelry sales, $3.4 billion in dining out, $1.7 billion on flowers, $1.6 billion on clothing, $1.5 billion on candy, and $1.1 billion on greeting cards. The National Retail Federation reports cards continue to be the main way people express their love, 52% buy one, making Valentine's Day the 2nd biggest card giving day of the year.
Pretty cynical for a guy in a red sweater today!
And the #1 answer in Woman's Day magazine when they asked "What do you want most this Valentine's Day?", was a hand written love letter!
Roses are red, Violets are blue,
What would I ever do, without you!
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