Mother's Day will be celebrated on May 8, 2022 (Credit: Marco Verch/CC-By-SA-2.0/Flickr)

Every Mother's Day, Americans show their appreciation for the remarkable women in their lives by showering them with extravagant gifts. 2022 will be no exception. A recent survey by the National Retail Federation (NRF) indicates that the approximately 84 percent of adults celebrating the holiday on May 8 will collectively spend $31.7 billion. This is up $3.6 billion from the record $28.1 billion spent in 2021 and the highest in the survey's 19-year history.