Home Business amount Halloween purchases hit record high, study finds

Halloween purchases hit record high, study finds

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We are expected to be spending a record amount, including $ 3 billion on holiday candy this year.

DALLAS – What was your Halloween budget this year? Some of you responded on Facebook saying you weren’t planning on spending anything on the holidays this year, while others said you would spend up to a few hundred dollars. .

Some of you have also sent photos of elaborate exhibits to the house. If this sounds like you, you might be part of the reason Americans should spend $ 10.14 billion on Halloween in 2021.

This projection comes from the National Retail Federation, which says the amount is a record for Halloween spending.

Planned spending includes spending much more than in previous years for decorations and greeting cards. Who knew Halloween greeting cards already existed? In addition, Americans are expected to shell out $ 3 billion for Halloween candy.

You may have already noticed empty store shelves when shopping for costumes.

The NRF predicts that consumers will spend more than in recent years on costumes. Some reports show averages of $ 25 to $ 40 for children and $ 30 to $ 60 for adults.

By the way, what is really scaring American buyers right now is the supply chain and delivery issues ahead of the next holiday.

A new survey from Deloitte shows that 63% of D-FW shoppers have already started or are now starting to buy for the Christmas / Hanukkah season. And local shoppers plan to spend 7% more than the average American.

When it comes to shopping, a recent NCS consumer survey found that almost half of people are influenced by product images and almost three-quarters say product images help them decide what to buy. when shopping online.

If you’re trying to cut your vacation spending… don’t look at the pictures.


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