Sunday is Valentine’s Day, and I hope you celebrate the day. I’m a hopeless romantic, so this is one of my favorite holidays! So share the love on Valentine’s Day with friends and family and treat them special on Sunday – and every day!
Since Valentine’s Day is traditionally a gift-giving day, I thought I’d share some interesting information.
We love shopping
According to the National Retail Federation, Valentine’s Day-related spending is expected to reach 19.7 billion this year, compared with around $18.9 billion in 2015. Consumers are expected to spend an average of $146.84 on flowers, jewelry, candy, apparel and more, compared with $142.31 last year. (These figures include purchases for significant others as well as friends, family members, and even pets!)
More than half of the U.S. population celebrates Valentine’s Day by purchasing a greeting card, with 141 million Valentine’s Day cards being exchanged annually, according to Hallmark.
Popular gift ideas
Want to buy your Valentine some candy? Well, there are more than 3,300 confectionery and nut stores in the United States, according to the U.S. Census Bureau.
The estimated value of chocolate and cocoa product shipments for manufacturers was $14.9 billion in 2014. Meanwhile, nonchocolate confectionery product manufacturing had an estimated value of $9.3 billion in product shipments in 2014.
What about buying flowers for your loved ones? Perhaps you could go to one of the more than 14,000 florists’ establishments nationwide.
Need to find some jewelry for your Valentine? It shouldn’t be too hard to find something nice at one of the more than 23,000 jewelry stores in the United States. In February 2013, these stores sold an estimated $2.5 billion in merchandise, according to the U.S. Census Bureau.
I hope you have a great Valentine’s Day, and remember if you buy flowers, candy, or clothing, you can record these purchases, even if they don’t have a barcode. If you have a scanner, use the Barcode Reference Booklet. If you use the NCPMobile App, use the onboard Non-Barcoded Items Listing. (Note: If you have the white scanner that you have to hold up to your phone’s mouthpiece to make transmissions, you do not have the Barcode Reference Booklet.)
Have a great day!