US to spend record amount on Father’s Day

Survey respondents say they plan to spend an average of $174 on Father's Day items.

News 12 Staff

Jun 17, 2021, 2:28 PM

Updated 1,288 days ago

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A new report says this Father's Day could set a new record for how much people spend on gifts and other items for Dad.  
The National Retail Federation is predicting that consumers will spend over $20 billion. That would be the most Father's Day spending ever and much more than the $17 billion spent last year.
Survey respondents say they plan to spend an average of $174 on Father's Day items, or $26 more than last year.
Special outings, clothing and consumer electronics are among top three spending categories.