Sons and daughters plan to spend just $86 on their fathers this year, according to a survey by the National Retail Federation. That’s $12 less than the $98 they spent on their mothers on Mother’s Day last month…
But if you interpret these figures in per hour of labor terms, I would say that Mom is greatly underappreciated. And let’s not forget that these expenditures, in reality, often come from Dad rather than from the kids.
What’s the bad news for Dad?
This year the average family spent $13 less on Dad than last year. It gets worse:
While nearly 81 percent of Americans celebrated Mother’s Day, only 72 percent plan to celebrate Father’s Day tomorrow [today], according to the survey of 6,899 persons.
Here is the full story.