MERIC's Fun Facts and Mother's Day Spending Forecast
According to the National Retail Federation Prosper Insights and Analytic's Survey, this year mothers will be showered with jewelry, gift cards, brunch and apparel items. Mother's Day spending is expected to reach $21.4 billion dollars nationwide with the average Midwesterner spending $145.27. MERIC has collected some facts and figures about how mothers will be honored on their special day.
Mother's Day Facts and Figures
Liam and Emma
The most popular baby names in Missouri.
1914 The year Congress designated the second Sunday in May to honor mothers.
Over three-quarters of Midwesterners plan to purchase a card for Mother's Day.
Second Mother's Day is the second biggest retail spending holiday in the United States, according the the National Retail Federation.
293 The number of fine jewelry stores in Missouri (NAICS 448310).
Percent of Midwesterners, including Missourians, who plan to purchase flowers for Mother's Day this year.
The number of florists in Missouri in 2015 (NAICS 453110) where flowers may be purchased. Flowers may also be purchased at grocery stores, supermarkets, and nursery and garden centers.
Midwest Mother's Day Spending Plans
Jewelry purchases ($28.57) are the most expensive way Midwesterner's plan to honor their mothers on Mother's Day. A special outing, flowers, and gift certificates are also popular spending options.
The average number of dollars Americans 18 years and older plan to spend on Mother's Day this year Nationwide.
Department Store The place over six in ten from the Midwest plan to shop for Mother's Day gifts.
Sources: U.S. Census Bureau
National Retail Federation
Prosper Insights and Analytics Social Security Administration