Father’s Day bills: $10 billion
Spending for cards and gifts is expected to be up for this Father’s Day, according to the National Retail Federation. It’s estimated the country is spending more than $9.9 billion on dad, with an average of $98.34 per person, up from an average of $88.80 last year. Men will spend most for Father’s Day, about $100 on average, compared to about $98 for women. The most common gifts are greeting cards, by far, followed by clothing items. The total is less than Mother’s Day when an estimated $15.7 billion was spent, or an average of $139.14.