Tag Archives: consumerism

Valentine’s Day Helps Increase Consumer Spending

February 14th is celebrated by many across the world as the holiday of love, better known as Valentine’s Day. Year by year consumer spending associated with this quasi-holiday (as far as we know, it is not yet a day off from work) has been on the rise. This year the US Census Bureau estimated that there were billions of dollars’ worth of merchandise shipped around the country. The video declared that a total of over $30 billion was spent on jewelry, flowers, chocolate, candy, nuts, fruit arrangements, and more.