The bottom line
Despite rising gasoline prices, lagging consumer confidence and lingering inflation concerns, dads still can expect some fine gifts for Father’s Day, now just two weeks away. “Shoppers are still opening up their wallets for what’s really important,” said Tracy Mullin, president and CEO of the National Retail Federation. Some results from a foundation survey:
69: Percentage of adults who plan to buy at least one Father’s Day card this year. Other favorites: special meals or outings (38 percent); clothing (32 percent); books or CDs (22 percent); electronics and computer accessories (15 percent); home-improvement or gardening tools (12 percent); tools or appliances (11 percent); and sporting goods and leisure items (9 percent).
9: Billion dollars expected to be spent on Father’s Day gifts this year, up from $8.2 billion a year ago.
88.80: Average dollar amount to be spent, per person, on his or her father, stepfather, grandfathers and any other fathers for this year’s holiday. By comparison, the average spent per person on Mom and others for Mother’s Day earlier this year was $122.16.







