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Mother's day facts
Most Americans will remember to call their mothers or send cards for Mother's Day tomorrow, but about one in four will forget [is that the right word?] the national holiday altogether, according to a new survey.
Here's more:
Those who do remember Mom are expected to spend an average of $98.64 this year, according to a report by the National Retail Federation, a D.C. trade association. The amount is slightly more than last year's $97.37, said NRF spokeswoman Ellen Tolley. "Mother's Day saw a huge increase in consumer spending right after September 11, but since then it has stabilized to a gradual increase," Miss Tolley said. In 2000 and 2001, the average spending per customer was less than $65.
Total spending for the holiday is estimated at over $10 billion. Here is the full story.
In a few days' time, I'll be up north in New Jersey and taking my mom (who reads this blog) out for food, movie, and museum. As for today, Yana and I are taking her mom to Thai food, the theater, and the superb Mayan exhibit at the National Gallery.
Happy Mother's Day to all the moms!
Posted by Tyler Cowen on May 9, 2004 at 05:43 AM in Current Affairs | Permalink
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Tyler Cowen has a very interesting post today on Mother's day. He notes that people will spend an average of... [Read More]
Tracked on May 9, 2004 3:11:57 PM