Money can’t buy love. Really? Not here in the USA. This Valentine’s Day 2023, the United States is ready to spend a lot of cash to shower their loved ones with greetings and gifts.
According to an annual survey, America’s projected spending on Valentine’s day 2023 will be $25.9 billion. The National Retail Federation survey predicted sales for Valentine’s Day 2023 will be $2 billion higher than the previous year. Since NRF started tracking sales in 2004, Valentine’s day 2023 will be the year with the second-highest sales, CNBC reported.
More than 50 percent who took part in the survey plan to celebrate Valentine’s Day. But not everyone plans to spend money on the day. They’d rather simply express their affection towards each other.