Las Vegas, NV (KXNT) - In Nevada, consumers across the state are projected to spend a record $319.4 million on tools, electronics, clothes and other gifts, according to the Retail Association of Nevada (RAN).
Shopping across the United States for this Father’s Day is expected to reach $20.1 billion, with 75.0 percent of Americans celebrating and spending an average of $174.10, according to a recent survey by the National Retail Federation (NRF).
According to the NRF, the most popular gifts this Father’s Day will be greeting cards (59.0 percent), clothing (46.0 percent), a special outing (46.0 percent), gift cards (45.0 percent) and personal care (28.0 percent). Other gifts on shopping lists include books or CDs (26.0 percent), consumer electronics (25.0 percent), home improvement supplies (24.0 percent), tools or appliances (24.0 percent), sporting goods or leisure items (22.0 percent), automotive accessories (22.0 percent) and miscellaneous goods (22.0 percent).
“We're excited to see growing consumer confidence as all social distancing restrictions have now ended in the Silver State,” said Bryan Wachter, Senior Vice President of RAN. “Father's Day is continuing the trend of strong consumer spending that we expect to continue into the summer months and, hopefully, into the holiday season. The biggest challenge Nevada's retailers are now facing is finding employees to help accommodate this surge in demand.”
Spending on special outings, such as a dinner with the family, is expected to reach $53.0 million in Nevada, making it the top-grossing gift category, according to NRF estimates. Shoppers in the Silver State will also spend $47.5 million on clothing, $39.6 million on gift cards and $37.3 million on consumer electronics such as laptops. Home improvement supplies ($23.7 million), personal care items ($22.1 million), tools and appliances ($21.2 million), sporting goods ($18.6 million) and automotive accessories ($16.7 million) are also expected to be popular purchases. Greeting cards ($14.0 million), books or CDs ($12.4 million) and miscellaneous items ($8.4 million) round out the top categories in terms of spending.