Consumers To Spend More On Mom This Mother's Day

According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. All told, American consumers are expected to spend about $18.6 billion on the moms, stepmoms or grandmas in their lives.

Copyright © 2012 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

DAVID GREENE, HOST:

And today's last word in business is: Happy Mother's Day.

According to a survey by the National Retail Federation, mothers will be treated to a little more this holiday. Grateful children plan to spend eight percent more on Mother's Day gifts this year. That's about $12 more than they spend on mom on her big day last year. All told, American consumers will spend about $18.6 billion on the mom, stepmom or grandmas in their lives.

And here is a warning, over 50 percent of the people surveyed plan to celebrate Mother's Day by going out to brunch or dinner. So if you don't have a reservation yet, you better get on it.

That's the business news on MORNING EDITION from NPR News. I'm David Greene.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep.

Copyright © 2012 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: