financetom
Economy
financetom
/
Economy
/
US Easter spending to touch a record $24.9 billion in 2026, NRF forecasts
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Easter spending to touch a record $24.9 billion in 2026, NRF forecasts
Mar 24, 2026 5:53 AM

March 24 (Reuters) - U.S. consumer spending on Easter is expected to rise to a record $24.9 billion in 2026, a 5.5% increase from a year earlier, industry body National Retail Federation said on Tuesday, signaling robust demand amid economic uncertainty.  

* The expected spending would surpass the previous high of$24 billion in 2023. * On a per-person basis, U.S. shoppers would budget a record$195.59 this Easter, up from the previous record of $192.01 in2023, NRF predicted. * "While economic uncertainty remains on the minds of many,consumers are still focused on holiday celebrations likeEaster," NRF Chief Economist Mark Mathews said. * NRF said candy is the leading shopping category for Easterthis year, with 92% of consumers planning to purchase sweets. * Shoppers would also be influenced by the shoppingexperience itself, including sales and promotions and engagingin-store displays,  NRF Prosper Insights & Analytics executive Phil Ristadded. * NRF's forecast is based on a survey of 7,845 adultconsumers conducted alongside research firm Prosper Insights &Analytics.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ukraine conflict: War threatens food security in Russia and beyond
Ukraine conflict: War threatens food security in Russia and beyond
Mar 30, 2022
Russia had already started its sowing campaign in the south before the war. In 2021 it planted 80.4 million hectares, and it intended to plant 81.3 million hectares in 2022, 29.5 million of which would be occupied by wheat. After the invasion of Ukraine, the Russian government allocated 25 billion roubles in subsidised credit to facilitate a successful sowing season, in addition to an original 28 billion roubles in short-term credit.
Biden’s Budget proposes to trim federal deficits, boost taxes on wealthiest Americans
Biden’s Budget proposes to trim federal deficits, boost taxes on wealthiest Americans
Mar 30, 2022
Biden and his aides touted his budget, unveiled Monday, as focusing on fiscal responsibility, security at home and overseas and investments in social programs to help families afford housing, child care, health care and other costs.
US job openings, quitting at near record high in February
US job openings, quitting at near record high in February
Mar 29, 2022
US job data: There were 11.3 million available jobs last month, matching January's figure and just below December's record of 11.4 million, the Labor Department said Tuesday. The number of Americans quitting their jobs was also historically high, at 4.4 million, up from 4.3 million in January.
Explained: Why Bank of Japan is keeping rates low despite a stumbling yen
Explained: Why Bank of Japan is keeping rates low despite a stumbling yen
Mar 30, 2022
Bank of Japan has bucked the global trend for a tighter monetary policy and maintained an ultra-loose stance. But BOJ is finding it difficult to keep control of key bond yields, stoking speculation that governor Haruhiko Kuroda may prop up the currency for the first time since 1998. A weaker yen has positive effects on the Japanese economy by pushing up the overall economy and prices, Bank of Japan governor Haruhiko Kuroda said.
Copyright 2023-2026 - www.financetom.com All Rights Reserved