Americans will spend billions on dads this Father's Day - KWWL - Eastern Iowa Breaking News, Weather, Closings

Americans will spend billions on dads this Father's Day

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(NBC) -

The cost of gifts for dads this father's day is expected to be about $12.7 billion dollars.

The National Retail Federation says just over 75% of Americans will celebrate, and on average will spend $115.57 on gifts for dad. That total is just a little bit higher than last year's average of $113.80.

Common presents for people to buy will be "experience gifts" like tickets to a baseball game or a special meal, with 43% of people looking to go with that option.

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