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Easter Spending On A Downward Trend To $18.11 Billion This Year

(TB&P) — Fewer consumers are planning to celebrate Easter this year, and overall spending at retail is expected to be $18.11 billion, down roughly $50 milli...
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(TB&P) — Fewer consumers are planning to celebrate Easter this year, and overall spending at retail is expected to be $18.11 billion, down roughly $50 million from a year ago.

Easter spending peaked in 2017 at $18.36 billion and has trended downward since, according to the National Retail Federation and its annual survey conducted by Prosper Insights & Analytics.

Easter Spending On A Downward Trend To $18.11 Billion This Year

The survey reports food is the biggest spend on this annual holiday at $5.74 billion overall. Also, 50% of men and 58% of women said they will cook a holiday meal, while 19% of men and 13% of women plan to eat out at a restaurant on Easter. The most popular way to celebrate is spending time with family and friends as 53% of men and 60% of women named that as their way to celebrate Easter. About half of those surveyed said they also plan to attend church services on Easter Sunday.

Read more from our partners at Talk Business & Politics.