Easter-related spending expected to reach record levels
Shoppers are expected to spend a record-breaking $17.3 billion on Easter-related supplies this year, according to the National Retail Federation.
Those celebrating the holiday plan to spend an average of $146, an increase of 3.8 percent over last year’s $140.62, according to the trade group’s annual Easter Spending Survey conducted by Prosper Insights and Analytics.
“This time of year means the arrival of good weather and good moods across Florida as consumers buy gifts, food and decorations to celebrate Easter with family and friends,” said Randy Miller, President & CEO of the Florida Retail Federation, the state’s retail trade group. “People also use this weekend to purchase supplies and essentials for the spring season, meaning increased sales for retailers.”
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