Broker Check

Holiday Greeting - Valentine’s Day Spending

| February 12, 2019
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Valentine’s Day means different things to different people. Some welcome Valentine’s Day as a time for romance, while others see it as an opportunity to cherish friends and family. No matter how it’s celebrated, Valentine’s Day spending gives the U.S. economy a boost. See what you know about this heartfelt holiday by taking our Valentine’s Day quiz.1

1. How much did the National Retail Federation (NRF) estimate Americans spent on Valentine’s Day last year?1

a. 1.9 billion
b. 4.7 billion
c. 10.2 billion
d. 19.6 billion

2. In 2018, Millennials and Gen Z were more likely than older Americans to purchase gifts for:2

a. Friends
b. Parents
c. Pets
d. Partners

3. People spend the most on what type of Valentine’s Day gift?1

a. Jewelry
b. Sweet treats
c. Experiences
d. At-home spa days

This Valentine’s Day, we want to say: You are important to us. We enjoy working with you and appreciate the trust you’ve placed in us.

Happy Valentine’s Day!

Quiz Answers:
1. D – 19.6 billion
2. C – Pets
3. A – Jewelry

Sources:
1 https://nrf.com/media-center/press-releases/nrf-says-consumers-will-spend-near-record-196-billion-valentines-day
2 https://nrf.com/blog/young-love-3-ways-millennials-and-gen-z-are-celebrating-valentines-day-year
This material was prepared by Carson Coaching. Carson Coaching is not affiliated with the named broker/dealer.

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