October 31, 2016
Happy Halloween! Halloween is a big marketing machine for companies like Party City, Spirit Halloween, Walmart, Target and others. In general holidays have a huge economic boost to the US economy. Halloween is at the top of that list at number 5. Over 157 million Americans will celebrate Halloween and spend over $7 billion dollars. See the National Retail Federation site for current stats.
Here are the numbers from the previous years.
|Year||Americans Celebrating||Total Spending|
|2015||157 million||$6.9 billion|
|2014||162 million||$7.4 billion|
|2013||158 million||$6.9 billion|
|2012||170 million||$8.0 billion|
Check out this infographic from History.com