Phil Izzo at Real Time Economics makes an interesting observation – Americans spend about 41% less on Dad’s holiday than they do for Mom’s.
Check this out:
People always spend more on Mom than they do on Dad. This year on average Americans said they planned to spend about $169 on Mother’s Day compared to about $120 for Father’s Day, according to the National Retail Federation. But this year the disparity is the biggest it has been since the depths of the recession in 2008. While people boosted spending plans for Mom by 11%, the money expected to be shelled out for Dad rose a measly 2.3%.
So, does Mom deserve the premium?
Probably. Most Dads would be just fine with that, I know I would.