We’re Going to Spend Over $8 Billion on Halloween This Year
I feel like people are generally trying to be more careful with their money these days . . . EXCEPT when it comes to Halloween. Then all bets are off.
According to the National Retail Federation, we're going to spend $8.4 billion on Halloween this year, which is an all-time high. The closest was back in 2012 when we spent $8 billion.
The $8.4 billion breaks down to about $83 per person, for the 171 million Americans who say they're going to celebrate Halloween this year. And here's what we'll be spending money on:
- 94% of people will buy candy.
- 70% will buy decorations.
- 67% will buy costumes for themselves, their kids, or their pets.
- 35% will buy greeting cards.
Oh, and one more thing. One out of three people have already started planning their costume, or doing some Halloween shopping.
Read more at National Retail Federation.