Tariffs are forcing more than a third of Americans to pull back on spending for Mother’s Day gifts

Quick Summary:

The online banking service found that Americans plan to spend an average of $148 on Mother’s Day this year, down 14% from $172 last year.

Staying optimistic: Looking at the bigger picture, the National Retail Federation is more bullish.

Some specific bestsellers include crossbody bags, clutches, purple-toned lipstick, and charm bracelets.

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Article Details

Author / Journalist: Alex Vuocolo, Retail Brew

Category: EconomyBusiness

Markets: United States

Topics: Tariffs Mothers Tariffs and trade Mother's day Morning Brew

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 16:47:52 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 4 lines

Sentence Length: 96 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 28518936

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Official Website: fortune.com

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Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

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