Right About Now with Ryan Alford
Love and Money: Unpacking the Valentine's Day Spending Phenomenon Plus Super Bowl Super Ratings
Fri, 14 Feb 2025
SUMMARYIn this special Valentine's Day episode of "Right About Now," host Ryan Alford and co-host Chris Hansen explore the economic implications of the holiday. They discuss consumer spending trends, noting that Americans are expected to spend billions on gifts, dining, and experiences. The conversation also touches on broader business news, including tariffs and inflation. Additionally, they delve into the impact of the Super Bowl on advertising revenue and share personal anecdotes about sports card collecting. The episode combines humor, insightful analysis, and practical advice, making it a compelling listen for those interested in the intersection of business and culture.TAKEAWAYS Economic implications of Valentine's Day in 2025 Consumer spending trends related to Valentine's Day Statistics on average household spending for the holiday Popular gifts and dining habits associated with Valentine's Day Impact of Valentine's Day on local businesses and retail Unique and unconventional celebration ideas for Valentine's Day Broader business news, including tariffs and U.S.-China trade relations Discussion on inflation and interest rates in the current economic climate Super Bowl viewership and its advertising revenue impact The intersection of consumer spending, economic trends, and cultural events If you enjoyed this episode and want to learn more, join Ryan’s newsletter https://ryanalford.com/newsletter/ to get Ferrari level advice daily for FREE. Learn how to build a 7 figure business from your personal brand by signing up for a FREE introduction to personal branding https://ryanalford.com/personalbranding. Learn more by visiting our website at www.ryanisright.comSubscribe to our YouTube channel www.youtube.com/@RightAboutNowwithRyanAlford. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
What are the economic implications of Valentine's Day?
Love to love. They do love to love them. Don't forget pets. Valentine's Day isn't just a time to shower your classmates, significant other, or family with gifts. Capital One Shopping reports that pet owners spent $1.5 billion.
on valentine's day's gifts for their pets last year 31.24 31.24 for dogs and 27.42 for cats on average attracts less people having kids more people treating their animals like you know the most disappointing fact of all of that is how close the number is for the cats is to the dogs. I mean, that's just bullshit.
We know, like... You don't think cat people love their cats as equal as dogs do?
They do, but the cats don't earn it as much. They don't earn it. Let's be honest. The dogs should get twice as much. You know, like, they're twice... Four times as better. Four times as... That's my grammar for the day. Four times better, and they get only, I don't know, 5% less money spent on them. Oh, man. I'm going to have to really fight that.
I'll let you die on that hill. You like cats? I've met some good cats in my day. Oh, come on. And I've got some friends that are cat owners, so I can't. And I love them. So, you know. Okay. Balance. We need them. We need them. Our relationship just changed. I don't want a cat in my house, though. I'll make that very clear. I don't want to own one, but I'm a dog guy through and through, bro.
You know that.
I know that. Storm's hearing every word you're saying, and I'm going to have to come rescue him if you talk about cats anymore.
He heard cat. He peeked around the corner. He's like...
Local restaurants step up on Cupid's big day. Dining out on Valentine's Day represents a large portion of consumer spending, positively impacting workers and businesses through more tips and bigger overall dining checks. Yes. I can attest to that. According to survey data from Toast...
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