Happy Valentine’s Day!!!
In case you forgot (and you better not have), today is Valentine’s Day! This year, Americans are expected to spend about $126 per person on the holiday- which is 8.5% more than last year. Jewelry purchases are likely to lead the spending spree, totaling more than $4 billion. Sixty-five percent of all Valentine’s Day gifts will come in the form of a greeting card, 72 million of which will be purchased by parents. But 82% of V-day card recipients will likely be disappointed- that’s how many people would prefer a gift in the form of an “experience” over an actual present. Some lovers are in luck, though- Americans are expected to spend a collective $3.5 billion towards romantic Valentine’s dates. Still, an estimated 15% of women don’t want to leave it up to chance, and will instead send themselves flowers today.