"“If you really want to show mom that TLC, you can whip up a buffet at home for a lot less money” than going out for that classic brunch, says Swanson, who tracks food prices as the chief agricultural economist at Wells Fargo."
"Mother’s Day is by far the busiest day of the year for U.S. restaurants overall. It’s also one of the biggest days for florists, right after Valentine’s Day, and for greeting-card sellers. And although rising gas prices have Americans feeling anxious about the economy, that’s not stopping them from opening their hearts and wallets for their moms this Sunday."
"Spending on this Mother’s Day might soar to a record $38 billion, increasing a whopping 11% from last year, according to a forecast by the National Retail Federation. The projection is based on a survey that suggests the vast majority of shoppers will buy flowers and cards, while some are also looking for jewelry, clothes and electronics."
"Many florists reported “leaning into value-focused offerings,” including cheaper grab-and-go bouquets and smaller arrangements. And dining out is still the top activity. Reservations platform Resy says bookings as of Wednesday were up nearly 30% compared with the same time frame last year. Rival OpenTable says its reservations were “trending up by double digits” co"
Mother’s Day spending in the U.S. is projected to reach a record $38 billion, up 11% from last year. Most shoppers plan to buy flowers and greeting cards, with some also purchasing jewelry, clothes, or electronics. Plants are increasingly common gifts. Florists expect sales to increase or stay steady, and many are offering value-focused options such as cheaper grab-and-go bouquets and smaller arrangements. Dining out remains the top activity, with restaurant reservations up sharply year over year. The cost of eating out is rising faster than the cost of groceries, encouraging some people to consider home meals instead.
Read at www.npr.org
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