Father’s Day spending expected to hit record high despite economic uncertainty

Father’s Day Spending To Hit Record High Amid Concerns for Economy: Study - RetailWire

Despite worries surrounding the American economy and the impending tariffs, one study suggests that spending for this Father’s Day will break a record. The National Retail Federation and Prosper Insights & Analytics are predicting that spending will reach a record $24 billion in 2025.  NRF Vice President of Industry and Consumer Insights Katherine Cullen said in a press release, “Americans are embracing meaningful traditions and holidays, and th…

Father’s Day spending expected to hit record high despite economic uncertainty

Retailers expect Americans to spend $24bn this year on gifts for dad

Father’s Day Spending Expected to Hit Record $24 Billion, Says National Retail Federation

WASHINGTON, D.C. June 5, 2025 — Father’s Day spending is expected to reach a record $24 billion this year, according to the annual survey released by the National Retail Federation and Prosper Insights & Analytics. The figure is up from last year’s $22.4 billion and exceeds the previous record of $22.9 billion in 2023. “Americans are embracing meaningful traditions and holidays, and this Father’s Day, spending on gifts and other holiday items is…

Father's Day Preview: Gift Spending Falls Amid Uncertainty, While Fathers Want More Time Alone This Year

This is only a glimpse of the data available to CivicScience clients. Discover more data. When it comes to June celebrations, Father’s Day is one of the most notable on the calendar, with 47% of U.S. adults planning to spend on a gift to celebrate the day. While this commemoration of fathers comes around every year, the circumstances in which shoppers make their purchases undoubtedly vary. Amid these varying circumstances, CivicScience has the m…

Father’s Day Spending to Reach Record-breaking $24 Billion - The Food Institute

Industry leaders expectFather’s Day 2025 to surpass the 2023 record of $22.9 billion by a sizeable margin, ending with $24 billion in sales. The often overlooked holiday is experiencing something of a renaissance; however, economic headwinds continue to threaten consumers. “Americans are embracing meaningful traditions and holidays, and this Father’s Day, spending on gifts and other holiday items is expected to reach record levels,” said NRF VP …

Father’s Day Spending To Hit Record High Amid Concerns for Economy: Study – RetailWit

Despite worries surrounding the American economy and the impending tariffs, one study suggests that spending for this Father’s Day will break a record. The National Retail Federation and Prosper Insights & Analytics are predicting that spending will reach a record $24 billion in 2025.  NRF Vice President of Industry and Consumer Insights Katherine Cullen said in a press release, “Americans are embracing meaningful traditions and holidays, and th…