A new report from IBISWorld finds that consumers

expect to spend slightly more this Valentine’s Day than they

did in 2012.    Total revenues for the holiday are expected to

grow 3.2% to $20.8 billion.  Spending is predicted to be

$134.08 per person, compared with last year’s $133.99.

“Although overall spending will increase slightly,

consumers are still watching their wallets, and spending

on expensive items will suffer as a consequence,” IBISWorld

industry analyst Lauren Setar said. “Due to these trends,

Valentine’s Day purchases are expected to trend toward

conventional gifts, giving candy and flowers an edge this

year.”

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