Good news for retailers: Easter spending is expected to rise 11 percent this year, according to CNBC.
Analysts believe that consumers will spend 11 percent more on candy, flowers, and decorations for the holiday this weekend. That amounts to about $16.8 billion. The average person will spend around $145.28, which is up from $131.04 last year.
Even as the price of gas continues to rise, consumers are expected to spend $3 billion on apparel alone. In addition, spending on chocolate eggs, jelly beans and other festive candy may reach the $2 billion mark.
To read the full report, visit http://www.cnbc.com/id/46811481?__source=msnbc|easter|&par=msnbc