Mother’s Day Could Be a Spending Bonanza

Consumers plan to spend considerably more on Mother’s Day gifts this year compared to last. The National Retail Federation’s 2007 Mother’s Day Consumer Actions and Intentions survey, conducted by BIGresearch, shows that the 84.5 percent of respondents who said they intend to celebrate Mother’s Day will spend an average of $139.14 on mom, compared with last year’s average of $122.16. Below are some other findings from the survey, which drew nearly 7,900 responses.