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US Father’s Day Spending Expected to Reach All-Time High of $16 Billion

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Coresight Research

Key Points

  • It’s a great time to be a dad in the US – for one day in June, at least. Father’s Day spending has climbed 70% in the last decade, according to data from the National Retail Federation (NRF) and Prosper Insights & Analytics.
  • This year, US consumers are expected to spend some $16 billion, up from last year’s $15.3 billion – and around $6.6 billion more than they spent in 2009.
  • Some of the more popular gifts include special outings, clothing and gift cards.
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