Americans are expected to spend $19.7 billion this Valentine's Day


If you're single this Valentine's Day, your wallet is probably thanking you. The 54.8 percent of American consumers celebrating the holiday in 2016 are expected to combine for $19.7 billion in spending, according to the National Retail Federation.
Here are some of the popular items people are springing for:
Restaurants and show tickets: $4.5 billion
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Jewelry: $4.4 billion
Apparel: $2 billion
Flowers: $1.9 billion
Candy: $1.7 billion
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Greeting cards: $1.1 billion
Jennifer Lopez may have been wrong about the cost of love.
Julie Kliegman is a freelance writer based in New York. Her work has appeared in BuzzFeed, Vox, Mental Floss, Paste, the Tampa Bay Times and PolitiFact. Her cats can do somersaults.
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