MERIC NEWS LETTER

 

MERIC's Fun Facts for Father's Day

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Father's Day has been a day to honor and recognize the men and father figures that have made a difference in our lives. Strong consumer confidence is allowing our Dad's to reap the benefits. Nationwide, consumers are projected to spend $16 billion, up from $15.3 billion last year. The average Midwest consumer, including those in Missouri, plan to spend $111.74. Almost three in four people in the Midwest plan to celebrate Father's Day on June 16, 2019. Enjoy the holiday with MERIC's compilation of the 2019 Father’s Day fun facts and figures.

Father's Day Facts:

June 17, 1910
First Father's Day Celebration held in Spokane, Washington.

Sonora Dodd
The woman who suggested the first Father's Day - a day in May to honor her Father who had been a Civil war veteran.

1966
The year President Lyndon Johnson signed a Presidential Proclamation declaring the third Sunday of June as Father's Day.

Richard Nixon 
Signed the law in 1972, making Father's Day a national day of recognition.

Spokane, Washington 
The city that held the first Father's Day Celebration.

2.7 million
The number of single fathers in 2017 living with their children under age 18.

54,464 
The number of single fathers in 2017 living with their children under age 18 in Missouri.

$16.0 Billion
The total number of dollars Americans plan to spend on Father's Day this year in the nation.

$111.74
The amount each Midwesterner, including Missourians, plans to spend on Father's Day this year.

34%
Percent of consumers that will shop online.

2017 Midwest Father's Day Shopping Plans


400

The number of sporting good stores in Missouri in 2018 to purchase Dad something on his must-have list. (NAICS 451110).

631
The number of hardware stores in Missouri in 2018 to purchase Dad something on his fix-it list. (NAICS 444110 & 444430).

27%
The number of consumers that will give their husbands a gift on Father's Day.

Ages 35-44
The highest spending age group for Father's Day.

Department Store 

The number one place gift givers will shop for Dad.

Sources:
U.S. Census Bureau, American Fact Finder
National Retail Federation
Prosper Insights and Analytics
InfoUSA

Quarterly Census of Employment and Wages


 

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