Overview of the Economic Impact on Puebla
Puebla, Pue. The National Chamber of Commerce, Services and Tourism (Canaco-Servytur) in Puebla anticipates an economic spill of 2,377 million pesos for Mother’s Day, a 4.2% increase compared to the same period last year.
Juan Pablo Cisneros Madrid Highlights the Economic Significance
Juan Pablo Cisneros Madrid, president of the local organization, emphasized that Mother’s Day is one of the most representative dates economically for their sector. However, shopping habits have evolved, with boutique stores, department stores, and telephony outlets gaining market share in purchasing gifts for mom.
Beneficiaries and Spending Patterns
More than 43,000 businesses benefit from this date as spouses and children increase their spending compared to other times of the year, despite fewer promotions.
The fact that Mother’s Day falls on a Saturday, May 10, contributes to better economic activity and higher sales expectations for businesses.
Cisneros Madrid believes that 2025 will be the best year, as people began to spend a little more the previous year.
In 2019, before the health crisis, the economic spill was 1.551 billion pesos. However, there was a decline that was recovered in 2023.
Most Popular Gifts
Cell phones (ranging from 2,800 to 6,500 pesos for mid-range models) and electronic items (priced between 150 to 600 pesos, such as USB drives, Bluetooth speakers, and phone cases) are the most common gifts for mom.
- Restaurant invitations (spending 500 to 700 pesos for three people)
- Sporty clothing (priced between 600 to 1,000 pesos)
- Shoes
- Personal care items
Positive Impact of Reduced Street Vendors
Cisneros Madrid considers it positive that there are fewer street vendors in the Historic Center, which has led to increased sales.
He also pointed out that Mother’s Day celebrations surpass those of Father’s Day, which left 40% of the 2,377 million pesos expected for Mother’s Day in 2024.
Key Questions and Answers
- Q: Why is Mother’s Day significant for Puebla’s economy? A: Mother’s Day is one of the most representative dates economically for Puebla’s commerce sector, generating an estimated 2,377 million pesos in sales.
- Q: How have shopping habits changed for Mother’s Day gifts?
- Q: How many businesses benefit from Mother’s Day sales? A: More than 43,000 businesses benefit from this date as spouses and children increase their spending.
- Q: What are the most popular gifts for Mother’s Day in Puebla? A: Cell phones, electronic items, restaurant invitations, sporty clothing, shoes, and personal care items are the most common gifts.
- Q: How does the day of the week impact Mother’s Day sales? A: With Mother’s Day falling on a Saturday, businesses anticipate higher sales due to better economic activity.
- Q: How have previous years’ Mother’s Day sales compared to Father’s Day? A: Mother’s Day celebrations surpass those of Father’s Day, which left 40% of the expected 2,377 million pesos for 2024.
