VIDEO: U.S. spending on Valentine’s Day $18.2 billion

by Joseph Saraceno

VALAll well in good but they left out how much people are spending on their pets, ha ha ha.

The U.S. economy loves Valentine’s Day.

A new survey from the National Retail Federation (NRF) projects U.S. consumers will spend a total of $18.2 billion on their valentines this year. Over $4 billion of that will be spent on jewelry alone, with another $2 billion on flowers. Consumers are also expected to spend on cards, clothes, and an overall nice evening out on Feb. 14. MORE