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Valentine’s Day 2016 spending expected to reach nearly $20 billion

in Apolitical/Top Headlines by

Valentine’s Day spending is set to hit a record high of nearly $20 billion nationally, according to a survey released by the National Retail Federation. The NRF Valentine’s Day Consumer Spending Survey estimates love birds will spend an average of $146.84 a piece for holiday celebrations, up $4.53 from the 2015 average and overall spending is expected to hit $19.7 billion. “Valentine’s Day continues to play a significant role in the bottom line for Florida retailers, as consumers buy gifts…

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