How Much Does the US Spend on Halloween?
Halloween, a festival celebrated on October 31st, has become a significant event in the United States, attracting millions of people of all ages. The celebration involves various activities such as trick-or-treating, costume parties, and haunted attractions. But how much does the US spend on this spooky holiday? According to the National Retail Federation (NRF), Americans are expected to spend a record amount on Halloween this year.
Record-Breaking Spending
The NRF’s 2021 Halloween Spending Survey revealed that the average American will spend approximately $93.10 on Halloween decorations, costumes, candy, and other items. This figure is a significant increase from the previous year’s average of $86.13. The total spending is projected to reach a staggering $10.4 billion, marking a new record for Halloween spending in the US.
Costumes and Candy Lead the Spending
Among the various Halloween items, costumes and candy are the most popular and expensive. The NRF survey found that the average person will spend $33.59 on costumes, with adults spending more on their own attire than on costumes for children. As for candy, the average expenditure is $23.64, ensuring that trick-or-treaters have plenty of sweet treats to enjoy.
Decorations and Party Supplies Add to the Bill
In addition to costumes and candy, Americans also spend a considerable amount on decorations and party supplies. The survey estimates that the average person will spend $30.14 on Halloween decorations, with popular items including pumpkins, jack-o’-lanterns, and spooky lights. Party supplies, such as tablecloths, plates, and cups, are also in high demand, with an average expenditure of $15.29.
Impact of COVID-19 on Spending
The COVID-19 pandemic has had a significant impact on Halloween spending in the US. Many people have chosen to celebrate the holiday at home, leading to increased spending on decorations and party supplies. Additionally, the popularity of virtual costume contests and online haunted houses has also contributed to the overall spending.
Conclusion
The US spends a considerable amount on Halloween, with costumes, candy, decorations, and party supplies being the most popular items. As the holiday continues to grow in popularity, it’s likely that spending will only increase in the years to come. So, if you’re planning to celebrate Halloween this year, be prepared to join the billions of Americans who are contributing to this record-breaking spending spree.
