Report: average person will spend $126 on Valentine's Day

$3.5 billion to be spent on Valentine's Day dinner

How much are you spending on Valentine's Day?


Photographer: WMAR
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

How much are you spending on Valentine's Day?


Photographer: WMAR
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

How much are you spending on Valentine's Day?


Photographer: WMAR
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

How much are you spending on Valentine's Day?


Photographer: WMAR
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Valentine's Day Heart_20110125070425_JPG


Photographer: Scripps Howard News Service

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Posted: 02/07/2012

NEW YORK - A survey by the National Retail Federation predicts the average person plans to spend about $126 on Valentine's Day, which is an increase of nearly nine-percent from 2011.

Men are predicted to spend more than women and will shell out close to $169 compared to their female counterpart's who will spend $86.

Jewelry purchases are expected to reach roughly $4 billion dollars, up from $3.5 billion last year.

The second most popular gift, a special evening out, could rake in about $3.5 billion dollars from consumers.

And billions more will be spent on flowers, candy, clothing and gift cards.

™ & © 2012 Cable News Network, Inc., a Time Warner Company. All rights reserved.

Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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