Consumers expected to spend $14.3 billion on Father's Day, according to survey

June 17, 2016 12:11 PM

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People are not only showering their dad's with love this Father's Day, but also expensive gifts.

According to a survey by the National Retail Federation, consumers are expected to spend on average $125.92 for the holiday. That number is up from last year's $115.57.

Also read: U.S., Saudi Arabia Expect Deals, Investments Worth $300 Billion

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