INDIANAPOLIS (WISH) – Retailmenot.com Senior Lifestyle editor Trae Bodge joined Daybreak8 Tuesday morning to discuss Valentine’s Day spending trends.
Bodge says this year spending is expected to be up from last year. In 2014 consumers on average spent $114. This year that number is expected to grow to more than $140.
Bodge also says that more couples will be deciding to stay in this year as opposed to going out in years passed.
A survey done by Retailmenot.com found that 65% of consumers aren’t interested in doing a big, expensive dinner out.
Bodge says the popular gifts for 2015 are traditional gifts like jewelry and flowers. She also says technology gadgets are being seen as hot items for men.