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The Big Business of Valentine’s Day

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  • Description

    FBN’s Dennis Kneale on money Americans spend on Valentine’s Day gifts.

  • Duration 3:58
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-- for expensive jewelry it is Black Friday for dark chocolate and Christmas Day for candy makers.

Tuesday it it has come a long way from where it started.

Wants marked by beheading stoning some ritualized beatings but it is now -- com.

And eighteen billion dollar bank so on this special day of love and romance.

Money figured what's been -- -- break down the heart -- financials is our very own Dennis meal plus yeah.

The visibility footing yeah right yeah.

That's eighteen point six billion that's up a billion from last year National Retail Federation expects to be set 6% growth that's twice the growth that we got a Christmas which showed how much we love each other.

-- number one category four billion dollars on jewelry but it's -- category almost two billion dollars on flowers now for guys.

-- drove big lavish gift because they die within a couple -- the guys -- -- jewelry they just want credit all the time that long lasting jewelry but are flat.

So it's yes exactly and dead one point two billion dollars on cards if you don't get the cards you're in deep trouble but here's what bothered about this whole thing.

I thought that would want equality in the economy equality in their lives why is it that Valentine's Day is such -- in equitable holiday do you know.

That men spend twice as much as women on Valentine's Day gift a 176 dollars for -- ninety bucks for women.

And furthermore that among the flower buyers two thirds of -- givers are men 13 are women but the -- because -- you.

-- -- -- -- -- -- had that actually I'll take that.

It's actually our questions -- -- what would be to give anything.

You guys don't give big did you get your husband's a Valentine's they get this year I did I got -- the death star Lego star -- That's.

That's really sweet that so PPI and.

Yeah that's not -- Brett.

Brown editor reviews I guess so I don't I did probably -- -- he did spent a lot more than I did the best -- was really expensive it was like -- and about you know what you did you get what you pay for and that's why now is willing to pay more.

But as for these props -- Is a first of all.

With the Teddy bear this is -- -- -- -- it would not exist that there weren't Valentine's Day now I know that size counts but that's just ridiculous that.

Question you don't like -- -- -- plus and in New York apartment can you imagine trying to fit that then and it's just there for ever gathering -- how disgusting you know -- for these roses cardinal rule we gentlemen.

Never give roses cheered date that are taller than you are those roses are taller than some of them and giving them no bad idea.

Because -- just -- you don't want -- be shown up by -- Yeah flat near six Perez that's right that they're staying next year near shorter after I don't maybe it -- -- market.

Michael -- -- this is pretty fat but you know I've -- how you do -- act.

After Valentine's Day and have to do so and I think what we're gonna put that on your desk at work -- and it's gold plated but you know it's kind of.

80000000800.

Yeah let me -- that up again you realize that you made the case for jewelry and everything you're saying is we are talking about I mean these gifts are all lovely and I'd certainly don't want insult anyone that happens to be a sponsor on her show I would never -- Iran.

But what I'm saying is that there's a lot of things here on this sad that without Valentine's -- possibly would -- not wouldn't be there at all.

We'll ask for flowers they'll remember 11 -- years ago there's some men give flowers and some -- give -- always give roses and Valentine's.

4040 that we have going on over here this the one that really -- actually be able to -- that Christmas and I should not be OK for on some cute young.

Female person -- I don't think it's so good what do you don't like it on tax that it happened -- -- -- -- -- it hasn't gotten downright scary for walking.

Or be arrested really I I think that what we're learning here though is that the get this was frivolous it shows how much you love the person yes you're willing to throw away money absolutely love actually just kind of irresponsible -- -- sport Dennis figured -- -- guy parents --

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