Super Bowl to deliver win for retailers

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Spending expected to total $14.8 billion, NRF says

WASHINGTON — Whether the New England Patriots or the Los Angeles Rams are victorious in this year’s Super Bowl, retailers will be among the winners. American adults who plan to watch the game expect to spend $81.30 each, on average, according to the annual survey released Thursday by the National Retail Federation and Prosper Insights & Analytics. That amounts to a total of $14.8 billion in Super Bowl-related spending, the survey found.

Super Bowl“You don’t have to be a football fan to celebrate the Super Bowl,” NRF President and CEO Matthew Shay said. “Whether it’s to see who wins, watch the halftime show and commercials or just get together with friends, this is the biggest party since New Year’s Eve. Spending is expected to be at one the highest levels we’ve seen. And retailers are ready whether you need food, team jerseys, decorations or a new TV.”

The average spending is virtually unchanged from last year’s $81.17 and is the second-highest in the history of the survey after a record of $82.19 set in 2016, according to NRF and Prosper. The total amount is down from last year’s $15.3 billion, primarily because fewer people plan to watch the game — 182.5 million this year compared with 188.5 million last year. The overall spending is still the third-highest on record, after last year’s figure and $15.5 billion in 2016.

The biggest spenders are those ages 35-44 at an average $123.26 while the lowest are those 65 and older at $40.97. Viewers in the Northeast plan to spend the most, at an average $94.89, followed by the West at $84.01, the South at $79.09 and the Midwest at $69.24.

The survey found that 72% of adults plan to watch the game, down from 76% last year. Among those watching, 79% plan to buy food and beverages, 10% team apparel and accessories, 7% decorations, also 7% for new televisions, and 4% furniture such as entertainment centers.

Asked their plans for Super Bowl Sunday, 24% (or 61 million) said they will attend a party, and 17% (44 million) will host one. Another 5% (13 million) will watch in a bar or restaurant. The largest share of those watching (43%) say the game itself is the most important part of the event. But for 23% it is the commercials. Another 14% most appreciate getting together with friends, while 13% cite the halftime show and 7% care most about the food.

The survey found that 76% see the commercials as entertainment and that only 10% say they are influenced to make a purchase, but the ads carry more weight among younger viewers. Of those ages 18-24, 17%say the commercials influence them to buy and 16% are prompted to search online for more information.

“The numbers vary from year to year, but regardless of the economy, politics or the weather, most Americans manage to take a break every year for the Super Bowl,” Prosper Vice President of Strategy Phil Rist said. “The big game is a day for big spending regardless of who plays or wins.”

The survey of 7,384 adults 18 and older was conducted January 2-9, before it was known which teams would play, and has a margin of error of plus or minus 1.2 percentage points. The viewership numbers may differ from other figures such as official TV ratings because they include all individuals who say they will watch regardless of how or where.



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