The Salt Lake Tribune
Friday, February 13, 2009
Valentine's Day spending down
Retailers of all kinds usually love Valentine's Day. But not this year. A survey by the National Retail Federation shows that consumers, worried about the economy, are cutting back. Consumers plan to spend an average of $102.50 on Valentine’s gifts and merchandise, down from about $123 last year, according to the survey. Even with the decline, though, total Valentine’s Day spending is still expected to reach $14.7 billion. Ouch!
posted by Lesley Mitchell @ 6:12 PM |

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About Lesley
   Lesley Mitchell has been a business reporter at The Tribune since 1997, covering real estate, the retail industry, personal finance and economic development. She's been a devotee of frugal living for more than three decades, starting when she was 8 and began washing cars (rain insurance anyone?) as a way to fund her goal of early retirement. A graduate of Utah State University's MBA program, Lesley, and her family, are dedicated to finding creative ways to save money, avoid debt and still have fun.
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   How do you and your family save money? Send an e-mail to lesley@sltrib.com.