The US Is Dropping A Lot Of Dough On Dad: Big Sales Expected This Father’s Day

Published: Friday, June 17, 2016 - 9:56am
Updated: Friday, June 17, 2016 - 5:17pm
(Photo by Christina Estes - KJZZ)
Stores in Old Town Scottsdale.
(Photo by Christina Estes - KJZZ)
Anthem outlet mall.

We're all about to drop a lot of dough on dad.

According to a National Retail Federation survey, consumers plan to spend $14.3 billion — the most in the survey’s 13 year history.

Nearly half of those surveyed plan to buy dinner, brunch or other types of experiences like tickets to a concert or sporting event. Their combined sales are expected to top $3 billion.

Clothing, gift cards and electronics are expected to total more than $1.5 billion. Department stores will be the most popular spots for shoppers, followed by online retailers and discount stores. 

Consumers are expected to spend an average of $125.92 which is $10 more than last year.

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