Mother’s Day Spending

May 5th, 2010 – Comment

Be generous when you are thinking about your mother this year.


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Lou Schizas is an equities analyst, investor, entrepreneur, professor and television and radio personality – and a true believer in the happiness-inspiring powers of capitalism.


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mom

 

Hello my friends!

Mother’s Day is soon upon us and I wanted to let you know that the forecast for spending on Moms is expected to increase this year.

U.S. stats are that average spending will increase  to $126.90 this year from $123.89 in 2009. Not bad but still off the pre-recession highs of  $138.63 in 2008  and $139.42 in 2007.

65.2% will spend $1.9B  on flowers

51.8% will spend $2.9B on brunch or dinner

$2.5B will be spent on Jewelry

$933M on personal services such as a day at a spa

$671M on greeting cards

 

Be generous when you are thinking about your mother this year.

 

MAKE IT A HUGE MOTHER’S DAY!

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