Fred Business News - Remember, mom, it's the thought that counts.

Consumers facing economic tailwinds like higher gas prices will spend less to celebrate Mother's Day this year - an average of $138.63 compared to $139.14 last year, the National Retail Federation reported on Tuesday.

Total spending on Mother's Day is expected to be $15.8 billion, the group said. Last year, that figure was $15.7 billion.

"Consumers will be cutting back on larger items for Mom and investing in smaller more meaningful items or one large gift," ...   more »