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Florida Retail Federation anticipates higher than usual graduation spending

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The Florida Retail Federation estimates that Florida families with graduating high school and college students will spend more than $100 on average to celebrate the occasion. Nationally, spending is expected to reach $4.77 billion according to the National Retail Federation’s 2015 Graduation Spending Survey. That amount is the highest in the survey’s 10-year history. “Graduation is such an important milestone in an adult’s life with proud parents eager to shower their graduates with gifts and commemorative items in celebration of…

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