CNN/Money 
News > Jobs & Economy
graphic
$10 billion for Mom
Industry group estimates consumers will spend on jewelry, flowers and clothes for Mother's Day.
April 22, 2004: 9:34 AM EDT

NEW YORK (CNN/Money) - You can't put a price tag on Mom but she is becoming a little bit more expensive to shop for, an industry report said Wednesday.

According to a National Retail Federation (NRF) Mother's Day survey, consumers plan to spend an average of $98.64 on a gift for Mom this year, up 1.3 percent from $97.37 last year, while total Mother's Day spending could exceed $10 billion.

Flowers, cards, jewelry and food are the top gift choices this year, the survey said, with the average consumer planning to spend $62.40 on jewelry, $31.89 on clothes and $40.54 on a lunch date with Mom.

"Though Mother's Day celebrations and gifts will vary, many consumers see this as an important day to honor the women in their lives," Tracy Mullin, president and CEO of the NRF said in a report. "With all the sacrifices mom has made over the years, Mother's Day is an opportunity to give something back."

Mother's Day is May 9.  Top of page




  More on NEWS
Americans send $2 billion a year to Cuba
Releasing 'The Interview' on demand may be Sony's best option
Yellen: Cheap oil is good for America
  TODAY'S TOP STORIES
Thank you, Fed! Best day for stocks in 2014
Market crash: Here's what to buy
Yellen: Cheap oil is good for America




graphic graphic

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.