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Report: Father's Day spending could set record sales

Posted at 12:55 PM, Jun 16, 2021

Father's Day is this Sunday and a new report indicates it could be a record in terms of how much people spend on gifts.

The National Retail Federation is predicting that consumers will shell out upwards of $20 billion and that would be the most Father's Day spending on record.

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The retail federation also says those surveyed are planning to spend an average of $174 on Father's Day items.