No cutbacks for Father's Day despite recession

No cutbacks for Father's Day

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Los Angeles: Despite the recession, dads can still expect dinner and neckties for Father's Day this year.

According to a National Retail Federation survey, Americans are expected to spend an average of $90.89 (Dh333) on gifts for dad this year, down slightly from $94.54 in 2008. Total spending is expected to reach $9.4 billion.

The survey found that people will spend the most ($1.9 billion) on special outings such as dinner or a sporting event, but clothing still ranks high among gift-givers, who are expected to shell out $1.3 billion on new socks, slacks and ties.

Others will treat dad to a gift card ($1.2 billion), electronics ($1 billion) books or CDs ($548 million), home improvement items ($522 million) and sporting goods ($502 million).

"Along with the usual ties, gift-givers will be looking into items that dad can enjoy with the whole family," said Tracy Mullin, president of the National Retail Federation.

Discount and department stores will be popular shopping destinations as 33.9 per cent of Americans plan on shopping at discounters and 33.7 per cent will shop at department stores.

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