People Plan To Spend Big on Mom For Mother's Day


With millions of Americans vaccinated against COVID-19 and anxious to get back to a normal life, moms may get to enjoy an extra special Mother's Day this year. And ifNational Retail Federationprojections are accurate, moms will be more spoiled than ever before.

Americans are projected to spend more than $28 billion this year, a $1.4 billion increase over last year. Experts cite increased optimism, some extra stimulus money, and "a chance to make up for last year's Mother's Day when we were under lockdown" for the extra spending this year.

People are expected to spend an average of $220 on mom, with jewelry and electronics being the hot items this year.