Now that we have our public service announcement out of the way, let's take a look at some of the interesting economics behind all the hearts, flowers, and chocolates.
TOP 10 ECONOMIC FACTS ON VALENTINE'S DAY
10) Valentine's Day is a $16 billion dollar a year industry
9) The average amount spent per person on Valentine's Day is $116.21
8) Spending on Valentine's day is expected to be up 12.1% over last year
7) The average person spends $5.04 on their pets for Valentine's Day
6) 52.1% of people will buy a card for their valentine
5) 15% of women will send themselves flowers on Valentine's Day
4) Most gifts (36%) are purchased at discount stores
3) 32% of people will do their Valentine's shopping online
2) Men spend double what women spend on Valentine's Day
1) Almost 200 million roses are produced for Valentine's Day
Source: Business Insider
Source: Business Insider
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