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News Wire / economy

Millennials Expected To Be Biggest Mother's Day Spenders

NBC News Radio New York 12d5d Impact 5
The average person is expected to spend approximately $250 on Mother's Day. Nationwide spending in the United States could exceed $30 billion. Typical expenditures include flowers, jewelry, and brunch. The report was provided by Monica Nielsen for NBC News Radio. This follows the release of a sequel to an iconic 2006 film which is expected to earn $180 million worldwide during its opening weekend. Millennials, aged 25 to 44, are expected to be the biggest spenders this Mother's Day. This trend is likely due to them celebrating both their own mothers and their partners who may be new mothers.

Topics

consumer spending Mother's Day

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Sources · 7 independent

NBC News Radio

“The average person is expected to spend about $250... Nationwide spending could top $30 billion, proving once again guilt is the strongest economic force in America.”

NBC News Radio

“Nationwide spending could top $30 billion, proving once again guilt is the strongest economic force in America.”

KRLD Dallas

“The biggest spenders this Mother's Day are expected to be millennials, people 25 to 44, likely because they're celebrating both their own mom and their partners who may be new moms.”

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