Retail spending for Father’s Day to near $189 million, trade group says

Nevada fathers can look forward to the traditional socks, ties and other gifts as this year’s annual celebration of Dad is expected to generate $188.7 million in retail sales in the Silver State, the Retail Association of Nevada said Friday in a statement.

That total, based on national trends, would be 2.3 percent higher than the amount spent last year, according to estimates by the retail association. Although spending on dads doesn’t reach the lofty levels seen for Mother’s Day, nationwide spending this Father’s Day is projected to rise 1.6 percent to $12.7 billion, according to a recent survey by the National Retail Federation.

This year, 75.4 percent of Americans plan to celebrate the holiday, with consumers spending an average of $115.57.

“From golf clubs to gadgets and tickets to tools, Nevada’s retailers offer a wide variety of ways for spouses and children to celebrate the Dad in their lives,” Bryan Wachter, senior vice president of the retail trade group, said in a statement.