WASHINGTON, March 23, 2015 – Hoping the temperatures will meld with their desire to celebrate, 80 percent of Americans this Easter are eagerly looking forward to a fun, family-filled holiday. According to the National Retail Federation’s Easter Spending Survey conducted by Prosper Insights & Analytics, the average person celebrating Easter will spend $140.62, slightly more than last year’s $137.46. Total spending for Easter, which includes purchases of apparel, decorations, gifts, candy, food, flowers and more, is expected to reach $16.4 billion.*
“Easter will be the perfect segue into spring for both consumers and retailers who have longed for warmer weather for quite some time,” said NRF President and CEO Matthew Shay. “As one of the busiest times of year for several retail sectors and as shelves begin filling with both traditional spring and holiday merchandise, retailers are looking forward to welcoming shoppers with attractive promotions on home goods, garden equipment and traditional Easter items.”Planned Easter Spending - In Billions Information
Only those who indicated that they plan to celebrate Easter answered the questions below. Charts from the NRF Foundation’s Retail Insight Center. To access this data and more research please visit the Retail Insight Center. Historical consumer survey data
2014 Easter Spending
NRF's 2014 Easter Spending Survey conducted by Prosper Insights & Analytics found that the average American celebrating the holiday planned to spend $137.46 on apparel, food, candy, gifts - $8 less than what consumers planned to spend in 2013. Total spending was expected to reach $15.9 billion. NRF President and CEO Matthew Shay attributed a rough winter and lingering economic concerns to the decrease in spending: "The winter doldrums left consumers with a lot of pent-up demand, and though many Americans may take a cautious approach to spending on Easter items this year, retailers are anticipating that warmer weather will easily put consumers in the mood to buy bright clothes, holiday decorations and more."
2013 Easter Spending
Americans in 2013 planned to spend about the same amount on Easter as they did in 2012. NRF’s survey this year found the average person celebrating Easter planned to spend approximately $145.13 on candy, decor, apparel and food, flat with the previous year's $145.28. Total spending was expected to reach an estimated $17.2 billion. NRF President and CEO Matthew Shay commented that budgetary concerns would keep family's spending in check: “With a plethora of budgetary concerns already on their plates, Americans this Easter will look for special, creative ways to celebrate the holiday without breaking the bank."
Consumers this year will use Easter as the perfect opportunity to spruce up their spring wardrobes. According to the survey, 45 percent of those celebrating will purchase clothing, spending more than $2.9 billion on bright colored apparel items for themselves and their families. However, more people plan to buy food for the holiday: 85.7 percent will purchase food for a family meal or other festivity, spending more than $5.3 billion on Easter fare.
Children and sweet-tooth craving adults will also purchase candy this Easter: 87.1 percent of those celebrating say they will buy candy, spending more than $2.2 billion on jelly beans, chocolate bunnies and flavorful chick-shaped Peeps. Consumers this holiday will also spend $2.4 billion on gifts, $1.1 billion on flowers, $998 million on decorations and $695 million on greeting cards.Planned Easter Spending - In Billions Information
Only those who indicated that they plan to celebrate Easter answered the questions below. Charts from the NRF Foundation’s Retail Insight Center. To access this data and more research please visit the Retail Insight Center.
With a laundry list of items to buy, 58.6 percent will head to discount stores to purchase their holiday merchandise. Another four in 10 (40.7%) will shop at department stores, while nearly one-quarter (23.8%) plan to shop at a local or small business. Additionally, 21.8 percent will head to a specialty store like a florist or jewelry store and 18.8 percent will shop online.
NRF for the first time asked consumers about the activities they are planning for Easter Sunday, and the survey found many of the traditional aspects of the holiday will be in play this year. The survey found nearly six in 10 (57.4%) plan to visit with friends and family, half (50.8%) will go to church and 12.9 percent plan to open gifts. Not forgetting the little ones, three in 10 (30.9%) adults will plan a special Easter egg hunt for the children in their lives. Additionally, 15 percent of those celebrating will opt out of doing dishes and head to a restaurant to celebrate the holiday and 24.1 percent will browse the Web throughout the day.Activities Plan To Do On Easter Sunday Charts from the NRF Foundation’s Retail Insight Center. To access this data and more research please visit the Retail Insight Center.
“Easter remains a beloved affair for consumers young and old, and this year it looks like families are ready to dig into their budgets to make the most of the special day,” said Prosper’s Principal Analyst Pam Goodfellow. “The warm weather should help fuel some interest in celebrations, especially given the record-breaking winter much of the country experienced the last several months.”
Busy Easter shoppers will take advantage of their mobile devices to help them find meal items, gifts, candy and more. According to the survey, 21.4 percent of those who own smartphones and are planning to celebrate Easter will use their phone to research products and/or compare prices, and another 13.5 percent will purchase items with their smartphone. Nearly one-quarter (24.9%) of tablet owners will research products and/or compare prices for their Easter needs on tablets; 16.6 percent will purchase something via their tablet.
* Total spending is an extrapolation of the U.S. population 18+
About the Survey
The NRF 2015 Easter Spending Survey conducted for NRF by Prosper Insights & Analytics was designed to gauge consumer behavior and shopping trends related to Easter spending. The poll of consumers was conducted from March 3-10, 2015. The consumer poll of 6,106 has a margin of error of plus or minus 1.3 percentage points.
Prosper Insights and Analytics delivers executives timely, consumer-centric insights from multiple sources. As a comprehensive resource of information, Prosper represents the voice of the consumer and provides knowledge to marketers regarding consumer views on the economy, personal finance, retail, lifestyle, media and domestic and world issues. www.ProsperDiscovery.com
NRF is the world’s largest retail trade association, representing discount and department stores, home goods and specialty stores, Main Street merchants, grocers, wholesalers, chain restaurants and Internet retailers from the United States and more than 45 countries. Retail is the nation’s largest private sector employer, supporting one in four U.S. jobs – 42 million working Americans. Contributing $2.6 trillion to annual GDP, retail is a daily barometer for the nation’s economy. NRF’s This is Retail campaign highlights the industry’s opportunities for life-long careers, how retailers strengthen communities, and the critical role that retail plays in driving innovation.