U.S. consumers are expected to spend an average of $137, but that’s down from last year’s record-high of $147. Maybe consumers are nervous about the economy and aren’t sure what’s going to happen next.
Total spending for Valentine’s Day is expected to reach $18.2 billion, down from $19.7 billion last year, which was also a record.
I hope you’re going to have a great celebration with your partner – perhaps dinner at a nice restaurant and a glass of wine. About 37 percent of U.S. consumers will be having an evening out on Valentine’s Day, for a total of $3.8 billion spent.
If you’re single and feeling lonely, take action to change your mood. See “Five Fun Things You Can Do If You’re Single on Valentine’s Day” and “How to Spend Valentine’s Day Alone.”
If you’re depressed on Valentine’s Day, see “Dealing With Valentine’s Day Depression.”