Consumers expected to spend 20 billion on Father’s Day gifts

May 26, 2022
Written by WR Communications

According to a recent survey, consumers are expected to spend over $20 billion on Father’s Day gifts, about the same as last year despite mounting concerns about inflation.

On average, consumers will spend just over $170 for Father’s Day gifts, forty percent of which will be online. Nearly a third of those surveyed say they will look to retailers for gift inspiration.