The annual day of romance has arrived.
Valentine’s Day is important not only to couples – but also to many retailers.
According to the National Retail Federation Valentine’s Day Consumer Spending Survey, spending is projected to drop slightly from last year’s record high $19.6 billion.
But people are still expected to spend $18.2 billion – about $136.57 per person – and 90 percent of those surveyed plan on buying a gift for a significant other.
But what are they spending their money on?
According to the survey service Statista, people expect spend their money on candy, followed by greeting cards and flowers.
See the chart below for a complete breakdown.
You will find more statistics at Statista