Easter Spending Flat for 2013
(CNN) — Economic factors may take some spring out of the Easter bunny’s step this year, but Americans will still spend billions on candy, clothing, flowers and more.
American consumers will be cautious about how much money they shell out to celebrate Easter this year — keeping budgets tight as they eye other economic concerns.
Spending is expected to be flat compared to last year, with American households spending an average of slightly more than $145 on the holiday.
That’s a total of about $17.2 billion.
Most of that cash will be spent towards a family meal – an Easter brunch or dinner, a total of $5.4 billion.
With spring weather starting to bloom, Americans are expected to spend just over $3 billion on Easter finery and other clothes for warmer weather.
And whatever the Easter bunny doesn’t bring, well, Americans will buy themselves.
Another $2.5 billion will be spent on candy.
Gifts, flowers, decor and greeting cards round out the rest of the holiday spending.
So far this year, retail sales been up, but that’s largely due to higher gas prices which factor into that retail statistic.
While paying more money to fill up the tank, consumers have been less willing to dine out, or hit the malls.